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17 years price $430.93 par 1000 An Investor purchases a zero coupon bond with 17 years to maturity at a price of $430.93 The bond
17 years
An Investor purchases a zero coupon bond with 17 years to maturity at a price of $430.93 The bond has a par value of $1,000. What is the implicit Interest for the first year? Assume semiannual compounding Motiple Choice $22.42 52138 5914 503) $3175 price $430.93
par 1000
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