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What is the price of a zero coupon (1,000 face value) bond with FOUR years to maturity when the required rate of return is 5%?
What is the price of a zero coupon (1,000 face value) bond with FOUR years to maturity when the required rate of return is 5%? a. $822.70 b. $836.53 c. $898.35 d. $932.55 e. $1006.12.
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