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You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. The yield to maturity on this bond is

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You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. The yield to maturity on this bond is 5.3 percent. Assume semiannual compounding periods. What is the dollar price of the bond?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bond price

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