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A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 6.0% and face value $1,000. Find the imputed interest
A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 6.0% and face value $1,000. 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. (Round your answers to 2 decimal places.) Imputed Interest 18.71 19.83 First year Second year Last year $
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