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You purchased a zero - coupon bond one year ago for $ 2 7 7 . 3 3 . The market interest rate is now
You purchased a zerocoupon bond one year ago for $ The market interest rate is now percent. Assume semiannual compounding. If the bond had years to maturity when you originally purchased it what was your total return for the past year? Assume a par value of $
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Total return for the past year
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