Question: Solve the problem. Find the face value (to the nearest thousand dollars) of the 15-year zero-coupon bond at 5.2% (compounded semiannually) with a price of

Solve the problem.

Find the face value (to the nearest thousand dollars) of the 15-year zero-coupon bond at 5.2% (compounded semiannually) with a price of $20,835.

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