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What would be the initial offering price for the following bonds ( assume $ 1 , 0 0 0 par value and semiannual compounding )
What would be the initial offering price for the following bonds assume $ par value and semiannual compounding Do not round intermediate calculations. Round your answers to the nearest cent.
a A year zerocoupon bond with a yield to maturity YTM of
$
b A year zerocoupon bond with a YTM of
$
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