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15. Interest on Zeroes (LO2) Tillicum Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 25-year zero-Coupon bonds

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15. Interest on Zeroes (LO2) Tillicum Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 25-year zero-Coupon bonds to raise the money The required return on the bonds will be 7 percent. What will these bonds sell for at issuance

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