[Solved] 10 years ago, Mini Max Inc. issued 30 yea

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10 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield

10 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 8.17 percent, compounded semi-annually. What is the current price of the bond?

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