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34 . What is the value of a 20 - year , zero - coupon bond with a face value of $1 000 when the

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34 . What is the value of a 20 - year , zero - coupon bond with a face value of $1 000 when the market required rate of return is 9.6 percent , compounded semiannually ? A . $153 . 30 B. $192. 40 C . $ 195 . 26 D. $168.31 E . $172 .19

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