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Question 3 (1 point) A company has decided to issue 22-year zero coupon bonds with a par value of $1,000. The required return on the

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Question 3 (1 point) A company has decided to issue 22-year zero coupon bonds with a par value of $1,000. The required return on the bonds will be 5.0 percent. Assume semiannual compounding periods. Using the IRS amortization rule, what interest deduction can the company take on these bonds in the first year? Enter your answer as dollars with 2 digits to the right of the decimal point in the box shown below. Your

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