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If investors require a 2.9 percent return on a 30-year discount bond with a $10000 face (par) value, what is the price that they are
If investors require a 2.9 percent return on a 30-year discount bond with a $10000 face (par) value, what is the price that they are willing to pay? State the answer as a number with 2 decimals without $ sign.
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