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What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.Please round your answer to the nearest cent. What is t
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.Please round your answer to the nearest cent.
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.Please round your answer to the nearest cent.
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******** ****** =$1000Number ** Years to ******** *** **************** **** =12%Current Value of **** ****** Bond * ******** amount * ******* ***** ****** ** ** ***** ** ********** vlaue ****** at ** years ** *** ************** Value ** **** ****** **** ************* *******