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A 30-year zero bond with a $1,000 face value is selling to yield 8%. (Assume annual periods.) What is its market price? Select one: O

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A 30-year zero bond with a $1,000 face value is selling to yield 8%. (Assume annual periods.) What is its market price? Select one: O a. $99.38 O b. $ 90.00 c. $71.29 O d. $ 5.68

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