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I need help solving this problem Concordant Inc. wants to raise $40 million by issuing 10 -year zero-coupon bonds with a yield to maturity (EAR)
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Concordant Inc. wants to raise $40 million by issuing 10 -year zero-coupon bonds with a yield to maturity (EAR) of 5.1%. Part 1 Attempt 1/10 for 10 pts. What should be the total face value of the bonds (in \$ million) Step by Step Solution
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