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You purchase a zero coupon bond with 13 years to maturity and a yield to maturity of 4.97 percent. The bond has a par value

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You purchase a zero coupon bond with 13 years to maturity and a yield to maturity of 4.97 percent. The bond has a par value of $1,000. What is the implicit Interest for the first year? Assume semiannual compounding. Multiple Choice $25.52 $26.58 O O $25.92 $23.26 O O $25.69

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