Rockne, Inc. is planning to fund a project by issuing 10-year zero coupon bonds with...
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Rockne, Inc. is planning to fund a project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming semiannual compounding of interest, what will be the price of these bonds if the appropriate discount rate is 8 percent? (Round your answer to the nearest dollar.) $258 $456 O $419 $463
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