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A company raised US$10 million and plans to issue a 30-year US$1,000 face value zero coupon bond. The yield to maturity of bonds of the
A company raised US$10 million and plans to issue a 30-year US$1,000 face value zero coupon bond. The yield to maturity of bonds of the same grade in the market is 6%. What is the minimum amount of bonds the company must issue?
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Principles Of Commercial Real Estate Finance
Authors: Gail Ramshaw, Mortgage Bank
1st Edition
0793157099, 9780793157099
