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What is the price of a zero coupon bond maturing in 4 years where the update of the interest occurs every half a year. Assume

What is the price of a zero coupon bond maturing in 4 years where the update of the interest occurs every half a year. Assume principal is 100. Annual interest per annum is 4%

	1.	86.17
	2.	85.13
	3.	84.86
	4.	85.35

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