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You purchased a zero-coupon bond one year ago for $176.38. The market interest rate is now 9 percent. Required: If the bond had 20 years

You purchased a zero-coupon bond one year ago for $176.38. The market interest rate is now 9 percent.

Required:

If the bond had 20 years to maturity when you originally purchased it, what was your total return for the past year?(Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimalplaces(e.g., 32.16).)

Total return for the past year The total return should be a percentage..

%

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