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You purchase a 30-year, zero-coupon bond for a price of $35. The bond will pay back $100 after 30 years and make no interim payments.
You purchase a 30-year, zero-coupon bond for a price of $35. The bond will pay back $100 after 30 years and make no interim payments. The annual compounded return (geometric average return) on this investment is: OA. 3.0396 OB. 356% OC. 427% OD, 3.38%
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