Question: You bought a 20-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 3.4% (Expressed as an EAR, you
You bought a 20-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 3.4% (Expressed as an EAR, you don't need to deal with the simple rate issue.) What is the price of the bond today
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