Your company wants to raise $9.0 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds wil
Posted: Sun Jul 03, 2022 6:43 am
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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