Question: You find a zero coupon bond with a par value of$10,000 and 13 years to maturity. If the yield to maturity on this bond is

You find a zero coupon bond with a par value of$10,000 and 13 years to maturity. If the yield to maturity on this bond is 4.7percent, what is the price of the bond? Assume semiannual compoundingperiods.

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