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Rockne, Inc. is planning to fund a project by issuing 1 0 - year zero coupon bonds with a face value of $ 1 ,

Rockne, Inc. is planning to fund a project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming semiannual compounding of interest, what will be the price of these bonds if the appropriate discount rate is 8 percent? (Round your answer to the nearest dollar.)

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