Question: 8.4 a. (4 points) You purchased a zero coupon bond one year ago for $305.24. The market interest rate is now 8 percent (please keep

8.4 a. (4 points) You purchased a zero coupon bond one

8.4 a. (4 points) You purchased a zero coupon bond one year ago for $305.24. The market interest rate is now 8 percent (please keep in mind that this number is compounded semi-annually by convention). If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year

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