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There are zero coupon bonds outstanding that have a YTM of 6.03 percent and mature in 18 years. The bonds have a par value of

There are zero coupon bonds outstanding that have a YTM of 6.03 percent and mature in 18 years. The bonds have a par value of $10,000. If we assume semiannual compounding, what is the price of the bonds? Multiple Choice O S3,485.64 o $3,31787 o 53294.99 o S3,432 28 o 53,346, 48

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