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Find the face value of the zero-coupon bond. 20 -year bond at 8.28%; price $9400 The face value of the zero-coupon bond will be s

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Find the face value of the zero-coupon bond. 20 -year bond at 8.28%; price $9400 The face value of the zero-coupon bond will be s (Do not round until the final answer. Then round to the nearest dollar as needed.) Historically, Treasury bills offered higher rates On January 2,2007 , the discount rates were substantially higher than in July 2016 . For the following Treasury bill bought in 20 find (a) the pice of the Treasury bill (T-tial), and (b) the actual interest rate paid by the Treasury. Assume 365 days in a year One-month $27,750 T-bel with simple annual discount rate of 5.78% (a) The pice of the T-bill was $ (Round to the nearest cent as needed) (b) The actual interest rate paid by the Treasury is % (Type an integer or decirial rounded to four decimal places as needed)

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