The Treasury has issued 10-year zero coupon bonds with a face value of $1,000. What will be

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The Treasury has issued 10-year zero coupon bonds with a face value of $1,000. What will be the current market price of these bonds if the opportunity cost for similar investments in the market is 6.75% paid semi-annually?

a. $684

b. $860

c. $515

d. $604

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