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please write the answer using a piece of paper and do it step by step QUESTION 7 12.5 poir Consider a zero-coupon bond with $1,000

please write the answer using a piece of paper and do it step by step

QUESTION 7 12.5 poir Consider a zero-coupon bond with $1,000 face value and 18 to maturity. If the YTMIS 8.629, this bond will trade at a price of NOTE: Submit your answers with 4 decimals after the dot

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