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You have decided to invest in a 3 0 - year zero coupon bond. Bonds of similar risk are currently priced such that on a
You have decided to invest in a year zero coupon bond. Bonds of similar risk
are currently priced such that on a semiannual basis their yield to maturity is
If you buy the bond today and sell it in years, assuming that interest
rates for comparable bonds in years bonds that mature in years drops to
what will your annual rate of return be for this investment? Face is $
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