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A company just issued zero-coupon bonds with a par value of $1,000. If the bond has a maturity of 15 years and a yield to

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A company just issued zero-coupon bonds with a par value of $1,000. If the bond has a maturity of 15 years and a yield to maturity of 10%, what is the current price of the bond if it is priced in the conventional manner ie using semi-annual compounding)? $1,000 $239.39 $480.00 $231.38

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