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J&J Enterprises wants to issue sixty new bonds. They are 15-year. exist1,000 face value zero-coupon bonds. If each bond is to yield 7%, how much

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J&J Enterprises wants to issue sixty new bonds. They are 15-year. exist1,000 face value zero-coupon bonds. If each bond is to yield 7%, how much will J&J receive (ignoring issuance costs) in total when the sixty bonds are first sold? exist11, 041.73 exist362.45 exist9, 107.91 exist9, 470.36 exist21, 746.76

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