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Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 5.5%. Part 1 Attempt 1/6

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Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 5.5%. Part 1 Attempt 1/6 for 10 pts. What should be the total face value of the bonds (in $ million)? D+ decimals Submit SC DOO F2 F3 000 FA F6 # 3 2 $ 4 % 5 6

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