Question: You find a zero coupon bond with a par value of $10,000 and 17 years to maturity. If the yield to maturity on this bond

You find a zero coupon bond with a par value of

You find a zero coupon bond with a par value of $10,000 and 17 years to maturity. If the yield to maturity on this bond is 7.04 percent, what is the price of the bond? Assume semiannual compounding periods. Omit $ dollar sign and commas in your response. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)

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