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Please show work. I need help understanding. Debra King is interested in buying a five-year zero coupon bond with a face value of $1.000. She

Please show work. I need help understanding.
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Debra King is interested in buying a five-year zero coupon bond with a face value of $1.000. She understands that the market interest rate for similar investments is 10.4 percent. Assume annual coupon payments. What is the current value of this bond? (Round answer to 2 decimal places, es. 15.25.) Current value of bond

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