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Zero coupon bonds Samantha Hue is interested in buying a 5-year zero coupon bond whose face value is $1,000. She understands that the market interest

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Zero coupon bonds Samantha Hue is interested in buying a 5-year zero coupon bond whose face value is $1,000. She understands that the market interest rate for similar investments is 7.96 percent. Assume annual compounding for payments. What is the current price of this bond? Type the final answer in two decimal points. (10 marks)

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