Question: Current Attempt in Progress You are considering investing in a 10-year zero coupon bond that compounds interest semiannually. The face value of bond is $1.000.

 Current Attempt in Progress You are considering investing in a 10-year

Current Attempt in Progress You are considering investing in a 10-year zero coupon bond that compounds interest semiannually. The face value of bond is $1.000. If the current market rate is 5.70 percent, what is the maximum price you should have to pay for this bond? (Round Intermediate calculations to 5 decimal places, eg. 1.25145 and final answer to 2 decimal places, eg. 52.75.) Maximum price to be paid $

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