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Zero-coupon bond. What is the annual implied interest of a five-year zero-coupon bond (using the semiannual pricing convention) with a yield to maturity of 7%

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Zero-coupon bond. What is the annual implied interest of a five-year zero-coupon bond (using the semiannual pricing convention) with a yield to maturity of 7% and a par value of $5,000? What is the first year's implied interest of the zero-coupon bond? $(Round to the nearest cent.)

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