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Today you want to sell a zero - coupon bond with a face / par value of $ 1 , 0 0 0 . The

Today you want to sell a zero

-

coupon bond with a face

/

par value of $

1, 000 .

The bond matures in exactly

9

years. How much will you receive if the current market yield to maturity is

8.88 % ?

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