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Two years ago, you acquired a 10 year zero coupon, $1,000 par

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Two years ago, you acquired a 10 year zero coupon, $1,000 par value bond at a 12 percent YTM. Recently you sold this bond at an 8 percent YTM. Using semiannual compunding, compute the annualized horizon return for this investment.
Submitted: 7 years ago.
Category: Homework
Expert:  SteveS replied 7 years ago.
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