3 years ago maxi min inc issued 30 year to maturity zero, Financial Management

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3 years ago maxi min inc issued 30 year to maturity zero

3 years ago Maxi Min INC issued 30 year to maturity zero coupon bonds with a par value of $1000. Now the bond has a yield to maturity of 9.21 percent compounded semi annually. What is the current price of the bond? Round the answer ro two decimal places.

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Financial Management: 3 years ago maxi min inc issued 30 year to maturity zero

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