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A 17-year zero-coupon bond was issued with a $1000 par value to yield 14 What is the approximate market value of the bond7 Use Appendix

A 17-year zero-coupon bond was issued with a $1000 par value to yield 14 What is the approximate market value of the bond7 Use Appendix B (Round 'PV Factor' to 3 decimal places and final answer to the nearest dollar amount) $108 $162 $216 $81

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