Juan is contemplating buying a zero coupon bond that matures in 1 3 years and has a

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Question:

Juan is contemplating buying a zero coupon bond that matures in

13

years and has a face value of $

30, 000 .

If the bond yields a return of

5.75 % /

year

,

how much should Juan pay for the bond?

(

Round your answer to the nearest cent.

)

Posted Date: May 18, 2024 07:07 PM

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Juan is contemplating buying a zero coupon bond that matures in 1 3 years and has a

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