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What is the price of a six-year zero-coupon bond with a par value of $1200, if similar bonds have an annual yield of 5.5%? $952.7

What is the price of a six-year zero-coupon bond with a par value of $1200, if similar bonds have an annual yield of 5.5%?

$952.7

$870.3

$1,149.6

$1,200

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