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You are purchasing a 10-year, zero-coupon bond. The yield to maturity is 8.70 percent and the face value is 1,000. What is the current market

You are purchasing a 10-year, zero-coupon bond. The yield to maturity is 8.70 percent and the face value is 1,000. What is the current market price? Assume semiannual compunding. (Do not round intermediate calculations and round your answer to 2 decimal places.

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