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Another question from CFAI sample questions

If an investor’s required return is 12 percent, the value of a 10year maturity zerocoupon
bond with a maturity value of $1,000 is closest to:
A. $312.
B. $688.
C. $1,000.
D. $1,312.
Could you try to calculate the answer? For me it looks like there is a mistake..

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