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A newly issued 20-year-maturity, zero-coupon bond is issued with a yield to maturity of 7.2% and face value $1,000. Required: Find the imputed interest income

A newly issued 20-year-maturity, zero-coupon bond is issued with a yield to maturity of 7.2% and face value $1,000. Required: Find the imputed interest income in the first, second, and last years of the bond's life.

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