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An investor purchases a zero coupon bond with 1 7 years to maturity at a price of $ 4 3 0 . 9 3 .

An investor purchases a zero coupon bond with 17 years to maturity at a price of $430.93. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding.
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$22.42
$19.14
$21.88
$20.83
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