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What is the price of a zero coupon bond with a $1,000 face value, 10 -year maturity, and annual compounding? The market rate on similar

What is the price of a zero coupon bond with a $1,000 face value, 10 -year maturity, and annual compounding? The market rate on similar bonds is 8%. a. $463.193 b. $655.228 c. $934.516 d. $1000

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