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You are considering the purchase of a Zero Coupon Bond with a Face Value of $10,000, which matures in five years. If you desire a
You are considering the purchase of a Zero Coupon Bond with a Face Value of $10,000, which matures in five years. If you desire a return of 4.25%, how much would you bid for the bond today? (Round your answer to two decimal places, e.g. 9274.36)
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