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A zero coupon bond with a face value of $1,000 Is Issued with an Initial price of $445.50. The bond matures in 16 years. What

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A zero coupon bond with a face value of $1,000 Is Issued with an Initial price of $445.50. The bond matures in 16 years. What is the implicit Interest, in dollars, for the first year of the bond's life? Use semiannual C. $13.87 O$23.09 O$6.94 O $11.55 O $12.43

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