Question: A 20 year US Treasury zero coupon note has a current market quoted interest rate of 3.53%. What price would you expect to pay for

A 20 year US Treasury zero coupon note has a current market quoted interest rate of 3.53%. What price would you expect to pay for this note?

A. $499.66

B. $496.66

C. $1025.93

D. $1,000

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