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James T. Kirk is purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the

James T. Kirk is purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the current market price?

$106.67

$108.18

$182.80

$221.50

$228.47 Please show work!

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