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5. RML Company will issue a zero-coupon bond this coming month. The projected yield for the bond is 8%. If the par value of the

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5. RML Company will issue a zero-coupon bond this coming month. The projected yield for the bond is 8%. If the par value of the bond is $1,200, what is the price of the bond using a semiannual convention if he maturity is 12 years ?Please solve it step by step without using an excel

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