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You are purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and...

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You are purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding Multiple Choice $106.67 S108.18 $182.80 $221.50

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