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Homework: Week 6 Save Score: 0 of 1 pt 3 of 27 (17 complete) HW Score: 62.96%, 17 of 27 pts P 6-3 (similar to)
Homework: Week 6 Save Score: 0 of 1 pt 3 of 27 (17 complete) HW Score: 62.96%, 17 of 27 pts P 6-3 (similar to) Question Help Your company wants to raise $9.5 million by issuing 30-year zero-coupon bonds. If the yield to maturity on the bonds will be 6% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $(Round to the nearest cent.) In Enter your answer in the answer box and then click Check Answer. Final Check Clear All All parts showing
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