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You find a zero coupon bond with a par value of $ 1 0 , 0 0 0 and 2 4 years to maturity. 2

You find a zero coupon bond with a par value of $

10, 000

and

24

years to maturity.

2

If the yield to maturity on this bond is

4.2

percent, what is the dollar price of the

bond? Assume semiannual compounding periods.

4

Input area:

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