Question: Current Attempt in Progress Ten-year zero coupon bonds issued by the U.S. Treasury have a face value of $1,000, and interest is compounded semiannually.

Current Attempt in Progress Ten-year zero coupon bonds issued by the U.S. Treasury have a face value of $1,000, and interest is compounded semiannually. If similar bonds in the market yield 8.9 percent, what is the value of these bonds? (Round answer to 2 decimal places, eg. 15.25.) Value of bond $ I

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