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Posted on Jul 30, 2024

A company has issued a zero - coupon bond with a face value of $ 1 , 0 0 0 that matures in 3 years.

A company has issued a zero

-

coupon bond with a face value of $

1, 000

that matures in

3

years.

The current discount rate is

5.51 % .

What is the price of this bond?

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