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P11.19 (similar to) Question Help 0 What is the price of a zero-coupon ($1,000 par value) bond that matures in 17 years has a promised

P11.19 (similar to) Question Help 0 What is the price of a zero-coupon ($1,000 par value) bond that matures in 17 years has a promised yield of 11.5%? The bond's price is $ . (Round to the nearest cent.)

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