Question: QUESTION 1 A $1,000 face value zero coupon bond matures in exactly twenty years. The bond currently has a yield to maturity of 2.4% APR

QUESTION 1 A $1,000 face value zero coupon bond matures in

QUESTION 1 A $1,000 face value zero coupon bond matures in exactly twenty years. The bond currently has a yield to maturity of 2.4% APR with annual compounding. What price should this bond trade at today? Your final answer must be rounded to the nearest dollar, only numeric, and exclude the dollar sign. Rounding examples: 1.49 would be rounded to 1 and 1.50 would be rounded to 2

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