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. Assume an organization could issue a zero-coupon bond at an annual interest rate of 4 percent with semiannual compounding for 20 years. If it

. Assume an organization could issue a zero-coupon bond at an annual interest rate of 4 percent with semiannual compounding for 20 years. If it receives $2,264.45 for the bond, how much would it have to pay at the maturity date?

How do you solve for the semi annual payment

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