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Bayanihan inc. wants to raise PhP 3 million by issuing 10-year zero coupon bonds with a face value of Php 1,000. Their investment banker informs

Bayanihan inc. wants to raise PhP 3 million by issuing 10-year zero coupon bonds with a face value of Php 1,000. Their investment banker informs them that investors would use a 9.25% (semiÂ annua...

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