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Concordant Inc. wants to raise $70 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 6.2%. What should be the total

Concordant Inc. wants to raise $70 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 6.2%.

What should be the total face value of the bonds (in $ million)?

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