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#6 navarro, incorported, plans to issue new zero coupon bonds with a par value of $1000 to fund a new project. the bonds will have

navarro, incorported, plans to issue new zero coupon bonds with a par value of $1000 to fund a new project. the bonds will have a YTM of 5.25 percent and mature in 25 years. if we assume semiannual compounding, at what price will the bonds sell?

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