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Trump Company is planning to fund a project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming annual coupons to be

Trump Company is planning to fund a project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming annual coupons to be the norm, the price of these bonds if the appropriate discount rate is 14 percent is closest to:

A. $341

B. $352

C. $270

D. $280

E. $258

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