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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
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 A zero coupon bond with a face value of $9000 matures in 20 years. What should the bond be sold for now if its rate of return is to be 3.7% compounded semiannually? A fair price to buy the bond at would be S (Round to the nearest cent as needed)
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