Question: 1 3. The AAA Co. just issued zero coupon bonds. These bonds mature in 10 years, have a par value of $1 ,000, and have

1
3. The AAA Co. just issued zero coupon bonds. These bonds mature

3. The AAA Co. just issued zero coupon bonds. These bonds mature in 10 years, have a par value of $1 ,000, and have a yield to maturity of 8%. What is the price of the bond?

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