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Calculate the price of a zero - coupon bond that matures in 2 5 years the market interest rate is 4 . 0 percentAssume semiannual

Calculate the price of a zero

-

coupon bond that matures in

25

years the market interest rate is

4.0

percentAssume semiannual compounding

(

Do not round intermediate calculations and round your final answer to

2

decimal places.

)

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