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Karen White is interested in buying a five - year zero coupon bond with a face value of $ 1 , 0 0 0 .
Karen White is interested in buying a fiveyear zero coupon bond with a face value of $ She understands that the market interest rate for similar investments is percent. Assume annual coupon paymentsWhat is the current value of this bond? Round answer to decimal places, eg Current value of bond
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