Question: Consider a $ 1 , 0 0 0 face value zero - coupon bond which matures in 2 0 years. What is the fair price

Consider a $1,000 face value zero-coupon bond which matures in 20 years. What is the fair price for the bond if the yield is 4%?
Instruction: Enter your response rounded to two decimal places.
Consider a $1,000 face value zero-coupon bond which matures in 20

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