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PRICING A CORPORATE BOND: You have purchased a corporate bond with 7 years remaining until maturity. The bond pays no coupon and will mature for

PRICING A CORPORATE BOND: You have purchased a corporate bond with 7 years remaining until maturity. The bond pays no coupon and will mature for $50,000. Using its "Effective Yield to Maturity" of 8.00%, what is the purchase price paid for this bond

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