Question: (a) What is the total return for a 30 year zero coupon bond purchased at a yield to maturity of 3.24% if the bond is

(a) What is the total return for a 30 year zero coupon bond purchased at a yield to maturity of 3.24% if the bond is held to maturity? Why? (b) For a long-term high yield corporate bond held to maturity, is the total return closer to the yield to maturity or the reinvestment rate? Why?

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