Question: 5) Consider a zerocoupon bond with a $1000 face value and 14 years until maturity. If the YTM of this bond is 7%, then the

5) Consider a zerocoupon bond with a $1000 face value and 14 years until maturity. If the YTM of this bond is 7%, then the price of this bond is $________. (Please write your answer as a number with no "$" sign, with two decimal place. e.g. write "$123.451" as "123.45").

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