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You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of$1,000. What would your rate of

You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of$1,000. What would your rate of return at the end of the year be if you sell the bond? Assume the yield to maturity on the bond is 11% at the time you sell. By convention, zero bonds are assumed to pay $0 semi-annually.

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