Question: Question 17 1 pts You are purchasing a 20-year, zero coupon bond. The yield to maturity is 9 percent compounded annually and the face value

 Question 17 1 pts You are purchasing a 20-year, zero coupon

Question 17 1 pts You are purchasing a 20-year, zero coupon bond. The yield to maturity is 9 percent compounded annually and the face value is $1,000. What is the current price? a. $1,000 b. $69 C. $178 d. $263 e. $73

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