Question: Please show how to solve in simplest way with work, if needed excel is acceptable: Rogers Inc. wants to issue a 15-year, $1,000 par value

Please show how to solve in simplest way with work, if needed excel is acceptable:

Rogers Inc. wants to issue a 15-year, $1,000 par value zero-coupon bonds to finance their next business idea. At the moment, bonds with similar risk are yielding 7.25% (annually). What would the market price be for one of these bonds?

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