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

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

10, 000

and

21

years to maturity. The yield to maturity on this bond is

4.3

percent. Assume semiannual compounding periods. What is the dollar price of the bond?

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