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You are purchasing a 11-year, zerocoupon bond. The yield to maturity is 9.62 percent and the face value is $1,000. What is the current market

You are purchasing a 11-year, zerocoupon bond. The yield to maturity is 9.62 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding.

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