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A zero-coupon bond has a face value of $1,000 and matures in 28 years. Yield to maturity is 5.1%. How much is this bond worth?

A zero-coupon bond has a face value of $1,000 and matures in 28 years. Yield to maturity is 5.1%. How much is this bond worth? Round to the nearest cent. 248.38

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