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You purchased a zero-coupon bond one year ago for $284.83. The market interest rate is...

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Accounting

You purchased a zero-coupon bond one year ago for $284.83. The market interest rate is now 6 percent. Assume semiannual compounding. If the bond had 21 years to maturity when you originally purchased it, what was your total return for the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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