A zero coupon bond with a face value of 1000 is issued with


A zero coupon bond with a face value of $1,000 is issued with an initial price of $565.01. The bond matures in 20 years. What is the implicit interest, in dollars, for the first year of the bond's life?

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Financial Management: A zero coupon bond with a face value of 1000 is issued with
Reference No:- TGS01406668

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