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A Zero-Coupon bond has a par value equal to $1,200.The bond will mature in 15 years and has a yield to maturity of 6%.If we

A Zero-Coupon bond has a par value equal to $1,200.The bond will mature in 15 years and has a yield to maturity of 6%.If we assume annual coupon payments, what was the bond's original issue price?

PV =

FV =

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