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View Policies Current Attempt in Progress Ten-year zero coupon bonds issued by the U.S. Treasury have a face value of $1,000 and interest is compounded

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View Policies Current Attempt in Progress Ten-year zero coupon bonds issued by the U.S. Treasury have a face value of $1,000 and interest is compounded semiannually. If similar bonds in the market yield 7.8 percent, what is the value of these bonds? (Round answer to 2 decimal places, eg. 15.25.) Value of bond $

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