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Your firm offers a 40-year, zero coupon bond. The yield to maturity is 6.2% APR, compounded annually. What is the current market price of a

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Your firm offers a 40-year, zero coupon bond. The yield to maturity is 6.2% APR, compounded annually. What is the current market price of a $1,000 face value bond? a. $90 O b. $100 c. $120 d. $110 Next page

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