[Solved] A zero - coupon bond has a yield to matur

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A zero - coupon bond has a yield to maturity of 4 . 1 % and a par value of $ 1 , 0 0

A zero

-

coupon bond has a yield to maturity of

4.1 %

and a par value of $

1, 000 .

If the bond matures in

13

years, what is the price today?

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