Question: Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. Marco Chip, Inc.

Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. Marco Chip, Inc. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 30 years and a yield to maturity of 10.07 percent, compounded semi-annually. What is the current price of the bond?

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