7. Bond Prices (LO1, CFA2) Using semiannual compounding, what would be the price of a 15-year, zero...

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7. Bond Prices (LO1, CFA2) Using semiannual compounding, what would be the price of a 15-year, zero coupon bond that has a par value of $1,000 and a required return of 8 percent?

a. $308

b. $315

c. $464

d. $555

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