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A newly issued 2 0 - year maturity, zero - coupon bond is issued with a yield to maturity of 9 . 0 % and
A newly issued year maturity, zerocoupon bond is issued with a yield to maturity of and
face value $ Find the imputed interest income in a the first year; b the second year; and c
the last year of the bond's life. Assume annual coupon payments.
Note: Round your answers to decimal places.
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