Question: Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 11.4% would be priced at __________.

Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 11.4% would be priced at __________.

$198.03

$897.67

$946.07

$189.56

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