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Term 1 5.00% 2 6.59% 3 6.80% 4 7.00% Spot Rate One year from now, you are considering the purchase of a 3 year zero

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Term 1 5.00% 2 6.59% 3 6.80% 4 7.00% Spot Rate One year from now, you are considering the purchase of a 3 year zero coupon bond with a par value of 1,000. What price would you pay for the bond in one year? Round to the nearest dollar

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