Question: Question 3(of 7) . 3.00 points Problem 7-12 Zero Coupon Bond Price (LG7-4) Calculate the price of a zero coupon bond that matures in 13

 Question 3(of 7) . 3.00 points Problem 7-12 Zero Coupon Bond

Question 3(of 7) . 3.00 points Problem 7-12 Zero Coupon Bond Price (LG7-4) Calculate the price of a zero coupon bond that matures in 13 years if the market interest rate is 6.15 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Zero coupon bond price References eBook & Resources Worksheet Problem 7-12 Zero Coupon Bond Price Difficulity: 1 Basic (LG7-4) 6 3 2

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