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1. What is the price of a $1,000 par value bond given the following information: (Show work) Maturity: 5 Years Coupon Rate: 0% (semiannual) YTM:

1. What is the price of a $1,000 par value bond given the following information: (Show work)

Maturity: 5 Years Coupon Rate: 0% (semiannual) YTM: 3%

$1,563
$861
$784
$863

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