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A zero coupon bond with a face value of $20,000.00 matures in 20 years. What should the bond be sold for now if its rate
A zero coupon bond with a face value of $20,000.00 matures in 20 years. What should the bond be sold for now if its rate of return is to be 4.787% compounded annually? Current selling price: [Note: Your answer is a dollar amount and should have a dollar sign and exactly two decimal places.]
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