Question: 2: Zack is considering purchasing a 10-year, zero coupon bond with a face value of $1,000. How much should he be willing to pay for

2: Zack is considering purchasing a 10-year, zero coupon bond with a face value of $1,000. How much should he be willing to pay for this bond if he wants to earn a 12% rate of return? Assume annual compounding.

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