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You just bought a zero-coupon bond for $203. The bond matures in 9 years and the YTM is 6%. What will be your rate of
You just bought a zero-coupon bond for $203. The bond matures in 9 years and the YTM is 6%. What will be your rate of return per year if you hold the bond until maturity? Please enter your answer as % and round to 2 decimal places. (e.g. RET =0.02673 should be entered as 2.67% )
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