What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.Please round your answer to the nearest cent.

What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.Please round your answer to the nearest cent.

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