Question: You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity is 4.9%. Assume semiannual

You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity is 4.9%. Assume semiannual compounding periods. What is the price of the bond?

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