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A 5-year zero-coupon bond has a face value of $1,000. If its YTM is 4.3%, how much is this zero-coupon bond worth? Round to the
A 5-year zero-coupon bond has a face value of $1,000. If its YTM is 4.3%, how much is this zero-coupon bond worth? Round to the nearest cent (two decimal places).
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