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14. You are purchasing a 20-year, zerocoupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the current

14. You are purchasing a 20-year, zerocoupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the current market price? Assume semi-annual discounting. A. $106.67 B. $108.18 C. $182.80 D. $221.50 E. $228.47

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