Question: Please show all work by hand Problem 2. (10 points) A zero coupon bond has a face value of $80,000, and the interest rate is

Please show all work by hand

Problem 2. (10 points) A zero coupon bond has a face value of $80,000, and the interest rate is 3% per year compounded quarterly, maturing in 8 years. What is the selling price of the bond

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