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Ten - year zero coupon bonds issued by the U . S . Treasury have a face value of $ 1 , 0 0 0

Ten-year zero coupon bonds issued by the U.S. Treasury have a face value of $1,000, and interest is compounded semiannually. If similar bonds in the market yield 9.8 percent, what is the value of these bonds? (Round answer to 2 decimal places, e.g.15.25.)
Value of bond

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