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Connect Only Problem 7.6 Zero Coupon Bond Price (LG7.4) Calculate the price of a zero coupon bond that matures in 14 years if the market

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Connect Only Problem 7.6 Zero Coupon Bond Price (LG7.4) Calculate the price of a zero coupon bond that matures in 14 years if the market interest rate is 5.30 percent. Assume semiannual compounding. Note: Do not round intermediate calculations and round your final answer to 2 decimal places

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