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Calculate the price of a zero-coupon bond that matures in 14 years if the market interest rate is 6.25 percent. Assume semiannual compounding. (Do not

Calculate the price of a zero-coupon bond that matures in 14 years if the market interest rate is 6.25 percent. Assume semiannual compounding. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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