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Consider a newly issued 20-year, zero-coupon bond with a $1,000 face value and 8% required return. Determine the imputed interest income for the bond in
Consider a newly issued 20-year, zero-coupon bond with a $1,000 face value and 8% required return. Determine the imputed interest income for the bond in its first, second, and last year of life, assuming no change in its required return.
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