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Two years ago , the Nine-Inch Nails Company issues a $1,000 face value, 25 -year zero coupon bond, with 8.03 yield to maturity. Assuming no

Two years ago, the Nine-Inch Nails Company issues a $1,000 face value, 25 -year zero coupon bond, with 8.03 yield to maturity. Assuming no change in YTM, what is the current price of the bond? Show steps.

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