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A zero - coupon bond maturing in 1 0 years has a par value of $ 1 0 , 0 0 0 . If you

A zero-coupon bond maturing in 10 years has a par value of $10,000. If you require an annual rate of return of 8%, what is the bond worth to you?
(Assume annual compounding. Enter your answer as a positive number. Round to the nearest cent.)

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