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22 Check my work You purchase a zero coupon bond with 20 years to maturity and a yield to maturity of 5.57 percent. The bond

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22 Check my work You purchase a zero coupon bond with 20 years to maturity and a yield to maturity of 5.57 percent. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding. eBook Multiple Choice Print $16.47 $18.07 $18.82 $18.19 $18.35

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