What is the current price of the bond

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Reference no: EM13848180

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.

Reference no: EM13848180

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