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What is the total return for an 8-year zero-coupon bond that is offering a yield to maturity of 11% if the bond is held to
What is the total return for an 8-year zero-coupon bond that is offering a yield to maturity of 11% if the bond is held to maturity? Would the answer be changed if the time to maturity is increased from 8 years to 20 years?
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