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Cyberdyne Systems is issuing a series of zero coupon bonds to raise$500M to fund research and development at its Skynet division. Each bond will have

Cyberdyne Systems is issuing a series of zero coupon bonds to raise$500M to fund research and development at its Skynet division. Each bond will have a face value of $1,000 and will mature in 14 years. The yield on the bond is 6%. How can I calculate the cost for one ofCyberdyne's zero couponbonds for the total amount?

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