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A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 7.6% 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 7.6% and face value $1,000. Find the imputed interest income in the first, second, and last year of the bond's life.
first year :
second year :
last year :
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