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Business, 04.08.2021 01:00 yani2568

You have just purchased a 12-year zero-coupon bond with a yield to maturity of 9% and a par value of $1,000. What would your rate of return at the end of the year be if you sell the bond? Assume the yield to maturity on the bond is 10% at the time you sell. A. 10.00% B. 20.42% C. -1.4% D. 1.4%

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