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23. Zeta Corporation has issued a $1,000 face value zero-coupon bond. Which of the following values is closest to the correct price for the bond

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23. Zeta Corporation has issued a $1,000 face value zero-coupon bond. Which of the following values is closest to the correct price for the bond if the appropriate discount rate is 4% and the bond matures in 8 years? A) $ 968. B) $ 731. C) $1,000. D) $25,000. E) This problem cannot be worked without the annual interest pavments

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