What is the price today in dollars and cents of a 15-year, Finance Basics

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What is the price today in dollars and cents of a 15-year

Question: What is the price today (in dollars and cents) of a 15-year zero coupon bond if the required rate of return is 8.99%. The bond face value is $1000.

Place your answer in dollars and cents. You should set your calculator for at least four decimal places of accuracy.

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Finance Basics: What is the price today in dollars and cents of a 15-year

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Finance Basics: What is the price today in dollars and cents of a 15-year

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