Business
Business, 22.01.2020 23:31, ob3ymysins

An investor purchases a zero coupon bond with 18 years to maturity at a price of $407.24. the bond has a par value of $1,000. what is the implicit interest for the first year?

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An investor purchases a zero coupon bond with 18 years to maturity at a price of $407.24. the bond h...

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