Question: Suppose current market yield is 2 . 5 % . What is the market price of a 2 3 - year Zero Coupon Bond that

Suppose current market yield is 2.5%. What is the market price of a 23-year Zero Coupon Bond that pays $5,000 at maturity. State your answer as a number rounded to 2 decimal points (e.g. if you get $7.991353, write 7.99).

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