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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. (Dont round

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. (Dont round intermediate calculations and round your final answer to 2 decimal places.)

zero coupon bond price: ?

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