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Question 3 (10 points) A zero-coupon bond has a $1,000 par value and 24 years to maturity. If the bond's required return is 5.25% per

Question 3 (10 points) A zero-coupon bond has a $1,000 par value and 24 years to maturity. If the bond's required return is 5.25% per year, what is its value? OA) $406.23 B) $352.85 OC) $292.87 D) $386.54 E) $261.88

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