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RadicaL CREATIONS Inc. just issued zero - coupon bonds with a par value of $ 1 , 0 0 0 . If the bond has

RadicaL CREATIONS Inc. just issued zero-coupon bonds with a par value of $1,000. If the bond has a maturity of 18 years and a yield to maturity of 12%, what is the current price of the bond if it is priced in the conventional manner (if coupons are paid semiannually)?

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