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Calculate the price of a zero coupon bond that matures in 1 2 years if the market interest rate is 5 . 5 0 percent.

Calculate the price of a zero coupon bond that matures in 12 years if the market interest rate is 5.50 percent. Assume semiannual compounding.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.

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