You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. if the yield to maturity on this bond is 4.7 percent, what is the price of the bond? assume semiannual compounding periods. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Textile industry in a nation is characterized by vigorous domestic rivalry. which of the following observations of this nation's international competency is most likely to be true? the nation will have access to such basic factors of textile industry as natural resources. the nation's textile firms will have a competitive advantage in international trade. the domestic customers of the textile firms will be less demanding. the nation's textile industry will lack the advanced factors that are necessary to be internationally competent.