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lax asymmetry) A 20-year zero-coupon bond with a maturity value of $1,000 sells for $100. Show that the first and last year's implied interest for

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lax asymmetry) A 20-year zero-coupon bond with a maturity value of $1,000 sells for $100. Show that the first and last year's implied interest for this zero-cou example are in fact $12.20 and $108.75, respectively -coupon bond

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