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Trizcinky invested a bond with no interest and with a principal of $1,000 at maturity, 10 years from now. According to the risk of the
Trizcinky invested a bond with no interest and with a principal of $1,000 at maturity, 10 years from now. According to the risk of the bond it should yield 17 percent, compounded annually. What should be the current market price of this bond? The current market price of the bond should be $ . (Round to the nearest cent.)
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