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Intro Concordant Inc. wants to raise $70 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 5.1%. Part 1 Attempt 1/10

Intro Concordant Inc. wants to raise $70 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)? b+ decimals Submit

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