Question: A 2 5 - year zero - coupon Treasury bond with a face value of $ 1 , 0 0 0 was issued last year

A 25-year zero-coupon Treasury bond with a face value of $1,000 was issued last year for $425. What is the implicit interest earned in the first year of the T-bond's life?
Question 9 options:
$14.80
$17.00
$21.45
$28.70
$34.80

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