You purchased a zero-coupon bond one year ago for $77.81. The market interest rate is now 9

Question:

You purchased a zero-coupon bond one year ago for $77.81. The market interest rate is now 9 percent. If the bond had 30 years to maturity when you originally purchased it, what was your total return for the past year?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...