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A $1,000 par value zero coupon bond sells for $ 194 and matures in 16 years. What is the dollar amount of implicit interest an

A \$1,000 par value zero coupon bond sells for \$ 194 and matures in 16 years. What is the dollar amount of implicit interest an investor earns in the first year? Assume annual compounding. Round your answer to the nearest dollar. A

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