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answers to the nearest cent. What would be the initial offering price for the following bands (assume 51,000 par value and semiannual compoundina? Do not

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answers to the nearest cent. What would be the initial offering price for the following bands (assume 51,000 par value and semiannual compoundina? Do not found intermediate calculatione. Rund your 1. A 12-year zero-coupon bond with a yield to maturity (YTM) of 12% b. A 25-year zero-coupon bond with a YTM of 10%

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