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Excel Finance Class 56: Tax Implications For Zero Coupon Bonds.

Download Excel workbook http://people.highline.edu/mgirvin/ExcelIsFun.htm
See how to build a Yearly Zero Coupon Bond Amortization when payments are accrued semi-annually. See that the Bond Issuer has a cash flow in from the non-cash implicit interest expense and the Bond holder has a cash flow out from the non-cash implicit interest revenue.

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