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You purchased a zero-coupon bond one year ago for $75.80. The market interest rate is now 9.0 percent. If the bond had 30 years to
You purchased a zero-coupon bond one year ago for $75.80. The market interest rate is now 9.0 percent. If the bond had 30 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Total return of past year
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