[Solved] You are purchasing a 25-year, zero-coupon

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You are purchasing a 25-year, zero-coupon bond from Gem, Inc. The yield to maturity is 8.68% and the face value is $1,000. What is the

You are purchasing a 25-year, zero-coupon bond from Gem, Inc. The yield to maturity is 8.68% and the face value is $1,000. What is the current market price?

PLEASE TRY TO BE A SIMPLE AS POSSIBLE, preferably using excel!

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