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

Calculate the price of a zero-coupon bond that matures in 25 years if the market interest rate is 5.0 percent. Assume semiannual
compounding.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Zero-coupon bond price
Please avoid using excel and show all formulas.
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