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A zero coupon bond is a bond that is sold now at a discount and will pay its face value at some time in the

A zero coupon bond is a bond that is sold now at a discount and will pay its face value at some time in the future when it matures (no interest payments are made). Suppose that a zero coupon bond with a face value of $3,700.00$3,700.00 matures in 1515 years. What should the bond be sold for now if its rate of return is to be 5.346%5.346% compounded daily?

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