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There are zero coupon bonds outstanding that have a YTM of 4.9 percent and mature in 19 years. The bonds have a par value of

There are zero coupon bonds outstanding that have a YTM of 4.9 percent and mature in 19 years. The bonds have a par value of $10,000. If we assume semiannual compounding, whot is the price of the bonds? Numeric Resporse

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