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3 years ago, Maxi Min Inc, issued 30 year to maturity zero-coupon

July 20, 2020/in Feeds /by admin

3 years ago, Maxi Min Inc, issued 30 year to maturity zero-coupon
bonds with a par value of $1,000. Now the bond has a yied to maturity of 9.21 percent, compounded semi-annually. what is the current price of the bond? Round answer to two decimal places. All the work has to be shown.