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A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 7.0% and face value $1,000. Find the imputed interest income
A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 7.0% and face value $1,000. Find the imputed interest income in the last year of the bonds life. Assume annual coupon payments. a. $13.56 b. $36.81 C. $0 d. $65.42 e. $73.44
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