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Five years ago, you paid $322.75 to purchase a zero-coupon bond with face value $1,000 maturity of 20 years. The yield to maturity on the
Five years ago, you paid $322.75 to purchase a zero-coupon bond with face value $1,000 maturity of 20 years. The yield to maturity on the bond has remained unchanged in the last five years. How much
can you sell the bond for today?
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