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Suppose you purchase a 30 -year, zero-coupon bond with a yield to maturity of 9%. You hold the bond for five years before selling it.

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Suppose you purchase a 30 -year, zero-coupon bond with a yield to maturity of 9%. You hold the bond for five years before selling it. If the bond's yield to maturity is 10% when you sell it, what is the internal rate of return of your investment? 9.84% 9.22% 4.13% 10.45%

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