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Assume a $1,000 face value, zero-coupon bond has 10 years remaining to maturity. The bond is currently priced to yield 6%, compounded semi-annually. What is

Assume a $1,000 face value, zero-coupon bond has 10 years remaining to maturity. The bond is currently priced to yield 6%, compounded semi-annually. What is the value of this bond?

Present your answer as a whole number to two decimals (including the $ symbol) e.g. $895.56

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