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label Business & Finance
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schedule 1 Day
account_balance_wallet $5

Suppose you purchase a zero coupon bond with a face value of $1,000, maturing in 19 years, for $213.95. Zero coupons pays the investor the face value of the maturity date. What is the implicit interest in the first year of the bonds life?

Jul 7th, 2015

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45.25%

Please let me know if you need any clarification. I'm always happy to answer your questions.Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 7th, 2015

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Jul 7th, 2015
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Jul 7th, 2015
Jun 28th, 2017
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