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A zero-coupon bond has a face value of $1,000 and matures in 9 years. An auction reveals that investors require a(n) 3.3% annual return on

A zero-coupon bond has a face value of $1,000 and matures in 9 years. An auction reveals that investors require a(n) 3.3% annual return on this bond. What should be the price of this bond? Round to the nearest cent.

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