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You purchased a zero coupon bond one year ago for $102.86. The bond has a par value of $1,000 and the market interest rate is

You purchased a zero coupon bond one year ago for $102.86. The bond has a par value of $1,000 and the market interest rate is now 8 percent. If the bond had 29 years to maturity when you originally purchased it, what was your total return for the past year? Assume semiannual compounding.

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