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Question 17 17. A rero-coupon bond that yields 8% has a face value is $1,000. It has 7 years to the purchase price should be

Question 17 17. A rero-coupon bond that yields 8% has a face value is $1,000. It has 7 years to the purchase price should be (a) 5583.49 (b) 5688.00 (d) $452.35 (d) $299.25 lel $1.278.23 O e d action 1A

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