Your company wants to raise $9.0 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds wil

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answerhappygod
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Your company wants to raise $9.0 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds wil

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Your Company Wants To Raise 9 0 Million By Issuing 25 Year Zero Coupon Bonds If The Yield To Maturity On The Bonds Wil 1
Your Company Wants To Raise 9 0 Million By Issuing 25 Year Zero Coupon Bonds If The Yield To Maturity On The Bonds Wil 1 (10.63 KiB) Viewed 12 times
Your company wants to raise $9.0 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds will be 4% (annual compounded APR), what total face value amount of bonds must you issue?
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