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You are seriously considering an investment in zero coupon bonds. The specific bond uou are evaluating has a face value of $ 2 , 0

You are seriously considering an investment in zero coupon bonds. The specific bond uou are evaluating has a face value of $2,079 snd matures in 17 years. What would be the most you should be willing to pay per bond if the appropriate discount rate for this security equals to 8.95%. Roynd your answer to the nearest penny.

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