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A zero-coupon bond matures in 20 years. At a market discount rate of 6.5% per year and assuming annual compounding, the price of the bond

image text in transcribed A zero-coupon bond matures in 20 years. At a market discount rate of 6.5% per year and assuming annual compounding, the price of the bond per 100 of par value is closest to: 71.62. 21.45 51.67. 92.59

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