18 YEARS AGO, MINI MAX INC ISSUED A 30 YEAR TO MATURITY ZERO COUPON BOND WITH A...
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18 YEARS AGO, MINI MAX INC ISSUED A 30 YEAR TO MATURITY ZERO COUPON BOND WITH A PAR VALUE OF 1000. NOW THE BOND HAS A YIELD TO MATURITY OF 7.25 PERCENT CCOMPOUNDED SEMI ANNUALLY. WHAT IS THE CURRENT PRICE OF THE BOND?
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