Question: We have a zero coupon bond with a par value of $1,000, a maturity of 15 years, and a yield to maturity of 7%. If

 We have a zero coupon bond with a par value of

We have a zero coupon bond with a par value of $1,000, a maturity of 15 years, and a yield to maturity of 7%. If each period is one year, the price of the bond should be A) $463.19 B) $417.89 C) $385.12 D) $362.45

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