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Calculate the price of a zero coupon bond that matures in 10 years if the market interest rate is 6 percent

Finance

Calculate the price of a zero coupon bond that matures in 10 years if the market interest rate is 6 percent. (Assume semi-annual compounding and $1,000 par value.) A) $553.68 B) $558.66 C) $940.00 D) $1,000.00 
 

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