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4:12 You purchase a zero coupon bond with 14 years to maturity and a yield to maturity of 5.81 percent. The bond has a par

4:12 You purchase a zero coupon bond with 14 years to maturity and a yield to maturity of 5.81 percent. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding. Multiple Choice O $26.44 $25.56 $25.38 $25.78 $23,13
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You purchase a zero coupon bond with 14 years to maturity and a yeld to maturity of 5.81 percent. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding Multiple Choice 526.44 $2556 $2538 $2574 323+3

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