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Dream Inc. needs $12 million to build a renewable energy plant. The company plans to draw investments using bonds with a 30-year maturity for this

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Dream Inc. needs $12 million to build a renewable energy plant. The company plans to draw investments using bonds with a 30-year maturity for this purpose. The average yield on the bond market is currently 6%. The company is considering three options for the placement of bonds with $1000 face value: 5.5% semiannual coupon bond, 6.4% annual coupon bond, and a zero-coupon bond. Your company's tax rate is 15%. In 30 years, what will the company's repayment be if you issue the zero-coupon bond? a. 70,699,237 b. 65,365,126 C. 55,295,900 d. 48,660,000 e. 24,000,000 f. 12,768,000 g. 12,720,000 h. 12,660,000

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