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A zero coupon bond maturing in 15 year/s has a par value of $1,000 and a yield to maturity of 12.8%. What is the bond's

A zero coupon bond maturing in 15 year/s has a par value of $1,000 and a yield to maturity of 12.8%. What is the bond's current price assuming semiannual compounding?

Multiple Choice

  • $886.52

  • $155.51

  • $939.85

  • $164.20

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