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What is the price of a 10-year zero-coupon bond when the annual yield to maturity is 8% and the bond has a face value of

What is the price of a 10-year zero-coupon bond when the annual yield to maturity is 8% and the bond has a face value of $1 million?

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$675,564

$1,000,000

$583,653

$456,387

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