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Juan is contemplating buying a zero coupon bond that matures in 15 years and has a face value of $90,000. If the bond yields a

Juan is contemplating buying a zero coupon bond that matures in 15 years and has a face value of $90,000. If the bond yields a return of 4.25%/year, how much should Juan pay for the bond? (Round your answer to the nearest cent.)

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