14-5

First Two years are correct, only last year is wrong

A newly issued 20 -year maturity, zero-coupon bond is Issued with a yleld to maturity of 7.5% and face value $1,000. Find the Imputed Interest Income In (a) the first year; (b) the second year; and (c) the last year of the bond's life. Assume annual coupon payments. (Round your answers to 2 declmal places.)