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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.

85.13
2.

86.17
3.

85.35
4.

84.86

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