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2-3 Filkins Farm Equipment needs to raise $4.5 million for expansion, and it expects that five-year zero coupon bonds can be sold at a price

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2-3 Filkins Farm Equipment needs to raise $4.5 million for expansion, and it expects that five-year zero coupon bonds can be sold at a price of $567.44 for each $1,000 bond. a.) How many $1,000 par value, zero coupon bonds would Filkins have to sell to raise the needed $4.5 million? b.) What will be the burden of this bond issue on the future cash flows generated by Filkins? What will be the annual debt service costs? Questions 1-1 How has the study of finance changed since the beginning of the twentieth century

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