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What is the price of a zero coupon bond with $5,000 face value, semi-annual compounding and five years to maturity given the current market interest
What is the price of a zero coupon bond with $5,000 face value, semi-annual compounding and five years to maturity given the current market interest rate of 10%?
A. 5,100
B. 3,069.57
C. Can't determine as the coupon rate is not given
D. $5,000
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