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An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1,000.00. If the market rate

An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1,000.00. If the market rate of interest for this investment is 2.65%, what is the market value of the bond today? Submit Answer format: Currency: Round to: 2 decimal places.

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An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1.000.00. If the market rate of interest for this investment is 2.65% what is the market value of the bond today? Submit Answer format: Currency: Round to 2 decimal places

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