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The present value of a $1,000 par value, zero-coupon bond with a three-year maturity assuming an annual discount rate of 6 percent compounded semiannually is
The present value of a $1,000 par value, zero-coupon bond with a three-year maturity assuming an annual discount rate of 6 percent compounded semiannually is closest to (Select the best answer below.) OA. $839.62. OB. $943.40. OC. $837.48
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