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What is the annualized rate of return of investment

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Problem 1: Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 5.5%. You hold the bond for ?ve years before selling it. If the bond's yield to maturity is 5.5% when you sell it. what is the annualized rate of return of your investment?

Reference no: EM132823754

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