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A zero coupon bond with a face value of $1,000 is issued with a initial price of $333.33. The bond matures in 23 years. What
A zero coupon bond with a face value of $1,000 is issued with a initial price of $333.33. The bond matures in 23 years. What is the 3-year implicit interest, in dollars, from the 7th to the 10th year of the bonds life? The bonds yield is semiannually compounded.
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