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Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a
Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.07 percent and mature in 30 years. If we assume semiannual compounding, at what price will the bonds sell? O $215.25 O $226.80 O $222.68 O $213.77 O $21711
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