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Jill wants to buy 10-year zero coupon bonds with a face value of $1,000. Her required return on the bonds is 95 percent pa. Assuming

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Jill wants to buy 10-year zero coupon bonds with a face value of $1,000. Her required return on the bonds is 95 percent pa. Assuming annual compounding, what would Jill be prepared to pay for the bond? ( to the nearest cent) Select one: O a. 5403.51 b. $717.45 O c $56048 O d. $1347.48 Hk Clothes Co. is planning to find a project by issuing 10-year zero coupon bonds in the US with a face value of $1,000 (USD). Assuming annual coupons to be the norm what will be the price of these bonds if the appropriate discount rate is 12 percent pa? (Round to the closest answer) Select one: AUSD$352 9 B. USD$322 O CUSD$270 D. USD$241

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