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You are considering investing in a 1 0 - year zero coupon bond that compounds interest semi - annually. The face value of the bond
You are considering investing in a year zero coupon bond that compounds interest semiannually. The face value of the bond is $ If the current market rate is percent, what is the maximum price you should have to pay for this bond? Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
Maximum price to be paid $
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