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Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 11.4% would be priced at $198.03

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Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 11.4% would be priced at $198.03 0 $946.07 o $897.67 $189.56

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