What is the present value

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What is the present value (aka price) of a 22-year, pure discount bond (zero coupon bond) that pays $1000 at maturity if it is priced to yield 9.37% per year (YTM)? Answer to 2 decimal places.

Reference no: EM132494889

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What is the present value : What is the present value (aka price) of a 22-year, pure discount bond (zero coupon bond) that pays $1000 at maturity if it is priced
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