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Miss Maya has a par 1000 zero coupon bond at annual effective rate 3% issued on January 1, 2011, maturing on Jan 1, 2029. Miss

Miss Maya has a par 1000 zero coupon bond at annual effective rate 3% issued on January 1, 2011, maturing on Jan 1, 2029. Miss Maya sells the bond on Jan 1, 2023 at a discount to earn the purchaser 5%. How much does Mr. Y receive for the bond?

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