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A 10-year bond pays no interest for three years, then pays $229.25, followed by payments of $35 semiannually for seven years, and an additional

A 10-year bond pays no interest for three years, then pays $229.25, followed by payments of $35 semiannually for seven years, and an additional $1 000 at maturity. The bond is a:| Deferred-coupon bond Zero-coupon bond Step-up bond

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