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A zero coupon bond with a face value of $1,000 is issued at an initial price of $375. The bond matures in 20 years. What
A zero coupon bond with a face value of $1,000 is issued at an initial price of $375. The bond matures in 20 years. What is the implicit interest, in dollars, for the first three years of the bonds life?
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A Practical Guide To Quantitative Finance Interviews
Authors: Xinfeng Zhou
1st Edition
1735028800, 978-1735028804
