Question: How much would you pay for a zero coupon bond with a par value of $ 1 0 0 0 , a maturity of 1

How much would you pay for a zero coupon bond with a par value of $1000, a maturity of 19 years, if your required rate of return is 8.8%? Assume annual discounting. (Round your answer to the nearest penny.)
Answer:
 How much would you pay for a zero coupon bond with

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