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Morgan wants to buy a 1 0 - year, AAA - rated, $ 1 , 0 0 0 par value, zero - coupon bond being

Morgan wants to buy a 10-year, AAA-rated, $1,000 par value, zero-coupon bond being sold by Upsize Industries, Inc. The yield to maturity on similar bonds is estimated to be 4.6%. How much would he have to pay for the bond (interest is compounded semiannually)?
$634.58
$637.80
$535.43
$1,000.00
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