suppose you purchase a zero coupon bond with a face value of $1000 maturing in 20 years for $214.85.00 coupons bonds pay the investor the face value on the maturity date what is the implicit interest in the first year of the bond life?

Problem 7.LO2.13 Question Help Suppose you purchase a 200 coupon bond with a face value of $1.000, maturing in 20 years for $2185.2 coupon bond pay the investore foce value on the maturity date. What is the implot interest in the first year of the bonds? The impliciter in the first year of the hond's Round to the nort)