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Laurentian Realtors is issuing $1,000 face value zero coupon bonds at a quoted price of 51.30. What is the amount you would pay to purchase

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Laurentian Realtors is issuing $1,000 face value zero coupon bonds at a quoted price of 51.30. What is the amount you would pay to purchase one of these bonds? a) $51.30 b) $948.70 c) $1,000.00 d) $513.00 e) $1,051.30

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