Question: What is the implicit (dollar) interest for the first year of an American Century bond currently valued at $640.66? Note: This American Century bond pays

What is the implicit (dollar) interest for the first year of an American Century bond currently valued at $640.66? Note: This American Century bond pays no coupons but will pay $1,000 when it matures in 22 years. $6.55 $13.10 $3.63 $6.67 $7.26

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