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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

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

8 % when you sell it, what is the internal rate of return of your investment?

Group of answer choices

7.65%

14.13%

7.36%

8.78%

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