Question: Question 23 (3 points) A zero coupon bond issued 20 years ago has 8 years remaining until its retirement (maturity). If it is currently being

 Question 23 (3 points) A zero coupon bond issued 20 years

Question 23 (3 points) A zero coupon bond issued 20 years ago has 8 years remaining until its retirement (maturity). If it is currently being priced by investors to provide an 7.0%/year yield to maturity (given semi-annual discounting), what is the price of the bond? [Enter your answer with two decimal places. Do not enter a dollar sign ($). For example: 864.33] Your

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