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Mary, Inc.needstoraisecapitalthrougha$1,000zero-couponbonddebtoffering.Ifthebondswillhave12yearstomaturity andtherateofreturnonabondinMary'sriskclassis11percent,whatwillbethesellingprice (or present value)ofthebond? $302.50 $335.50 $269.50 $286.00

Mary, Inc.needstoraisecapitalthrougha$1,000zero-couponbonddebtoffering.Ifthebondswillhave12yearstomaturity andtherateofreturnonabondinMary'sriskclassis11percent,whatwillbethesellingprice (or present value)ofthebond?

$302.50
$335.50
$269.50
$286.00

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