What is the current selling price

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A U.S. government bond with a face amount of $10,000 with 8 years to maturity is yielding 3.5%. What is the current selling price? Please show work break down.

Reference no: EM13823439

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What is the current selling price : A U.S. government bond with a face amount of $10,000 with 8 years to maturity is yielding 3.5%. What is the current selling price?
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