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Bosion Ltd is raising debt capital and has asked you for advice on two options they have identified: 1. A 15-year zero coupon bond. Bosion

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Bosion Ltd is raising debt capital and has asked you for advice on two options they have identified: 1. A 15-year zero coupon bond. Bosion Central will receive $10,000,000 today and will repay $18,468,924 in exactly 15 years. 2. A 15-year bank loan with monthly payments. The bank rate on this loan is 4.0% p.a. compounded monthly. Both options have the same upfront fees. Provide a recommendation for Bosion on which option is financially most attractive and an explanation

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