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You purchased a zero-coupon bond one year ago for $276.83. The market interest rate is now 7 percent. Required: If the bond had 19 years
You purchased a zero-coupon bond one year ago for $276.83. The market interest rate is now 7 percent. Required: If the bond had 19 years to maturity when you originally purchased it, what was your total return for the past year? (Do not include the percent sign (%). Round your answer to 2 decimal places. Total return for the past year ???%
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