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A zero-coupon bond is a bond that is sold now at a discount and will pay its face value at the time when it matures;
A zero-coupon bond is a bond that is sold now at a discount and will pay its face value at the time when it matures; no interest payments are made.\ A zero-coupon bond can be redeemed in 20 years for $10,000How much should you be willing to pay for it now if you want the following returns?\ (a) For a return of 10% compounded quarterly you should pay $____\ (Round to the nearest cent as needed.)
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