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You are purchasing a 25-year, zero-coupon bond. The yield to maturity is 8 percent and the face value is $1,000. What is the current market

You are purchasing a 25-year, zero-coupon bond. The yield to maturity is 8 percent and the face value is $1,000. What is the current market price? image text in transcribed

You are purchasing a 25-year, zero-coupon bond. The yield to maturity is 8 percent and the face value is $1,000. What is the current market price

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