Question: Consider a zero-coupon bond with a 1000 face value and 10 years left until maturity. If the yield to maturity (YTM) of this bond is

Consider a zero-coupon bond with a 1000 face value and 10 years left until maturity. If the yield to maturity (YTM) of this bond is 10.4%, what is its price today (at time t=0)?

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