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You purchased a zero-coupon bond one year ago for $267.35. The market interest rate is now...

You purchased a zero-coupon bond one year ago for $267.35. The market interest rate is now 5.3 percent. If the bond had 25 years to maturity when you originally purchased it, what was your total return for the past year? Assume semiannual compounding. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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1yeor 7e. Rrice of a Zero Coupon Bond today atter purchase of Bond Face Value x Discouning Factor @S.30% Market In terest ratTotal Rehurn for the PaS Year Price of Bond after 1 year (-) Pice of Bond befaeYear Pice of Bond Beforei Tear 2 84.99-267.35

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