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A zero coupon bond has a face value of $ 1 comma 000 and matures in 6 years. Investors require a(n) 7.8 % annual return

A zero coupon bond has a face value of $ 1 comma 000 and matures in 6 years. Investors require a(n) 7.8 % annual return on these bonds. What should be the selling price of the bond?

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