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Jill wants to buy 9-year zero coupon bonds with a face value of $1,000. Her required return on the bonds is 14.9 percent p.a. Assuming

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Jill wants to buy 9-year zero coupon bonds with a face value of $1,000. Her required return on the bonds is 14.9 percent p.a. Assuming annual compounding, what would Jill be prepared to pay for the bond? ( to the nearest cent) O a. $286.50 O b. $506.77 O c. $396.63 O d. $1745.32

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