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how much would you pay for a zero coupon bond with a par value of $1000 a maturity of five years if the required rate

how much would you pay for a zero coupon bond with a par value of $1000 a maturity of five years if the required rate of return is 10.1% assume annual discounting. (Round your answer to the nearest penny.) image text in transcribed
How much would you pay for a zero coupon bond with a par value of $1000, a maturity of 5 years, if your required rate of return is 10.1% ? Assume annual discounting. (Round your answer to the nearest penny.)

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