What is the implicit interest in dollars for the first year
A zero coupon bond with a face value of $1,000 is issued with an initial price of $635.66. The bond matures in 21 years. What is the implicit interest, in dollars, for the first year of the bond's life? Use semiannual compounding.
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a zero coupon bond with a face value of 1000 is issued with an initial price of 63566 the bond matures in 21 years what
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