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. BE SURE TO SAVE YOUR ANSWERS FREQUENTLY. The buyer of a Lemont Manufacturing Company...

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Finance

. BE SURE TO SAVE YOUR ANSWERS FREQUENTLY. The buyer of a Lemont Manufacturing Company bond will receive $1,000 when the bond matures in 21 years, but will receive no cash flows prior to then. If the required yield to maturity (based on investors perception of risk) is 5.2676% annually, what price should someone expect to pay for this zero-coupon bond? A. $335.59 B. $79.84 C. $340.26 D. $904.00 E. $110.62

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