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You purchased a zero coupon bond one year ago for $346.72. The market interest rate is now 5.75 percent. If the bond had 15 years

You purchased a zero coupon bond one year ago for $346.72. The market interest rate is now 5.75 percent. If the bond had 15 years to maturity when you originally purchased it, what is your total return to date if the face value of the bond is $1,000?

30.42 percent

22.18 percent

16.34 percent

12.65 percent

24.90 percent

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