Question: 1 7 . Using the annual compounding, the value of a 3 - year, zero - coupon, $ 1 , 0 0 0 par value

17. Using the annual compounding, the value of a 3-year, zero-coupon, $1,000 par value bond would be :
A. $708
B. $785
C. $852
D. $948

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