Zero coupon bond price

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Zero Coupon Bond Price 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

Reference no: EM131508801

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