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You are purchasing a 11-year, zero??coupon bond. The yield tomaturity is 9.62 percent and the face value is $1,000. What is thecurrent market price? Assume

You are purchasing a 11-year, zeroâ??coupon bond. The yield tomaturity is 9.62 percent and the face value is $1,000. What is thecurrent market price? Assume semiannual compounding. (Donot round int 2 answers

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