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Bond B matures in 23 years, has a face (par) value of $1,000, and has a yield to maturity of 10.25%. Bond B is a
Bond B matures in 23 years, has a face (par) value of $1,000, and has a yield to maturity of 10.25%. Bond B is a zero coupon bond. What is the value of the bond? (Express your answer to the nearest cent. i.e one thousand dollors would be entered as 1000.00). Your
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