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only have this information Zero Coupon Bonds. Rogersville Corp. needs to raise fund and issues 20 -year zero coupon bond. If the face value of
only have this information
Zero Coupon Bonds. Rogersville Corp. needs to raise fund and issues 20 -year zero coupon bond. If the face value of the bond is $23,500.00 and the current interest is 3.71%, how much is the bond? a. $13,490.24 b. $11,341.10 c. $1,132.97 d. $48,694.57 Zero Coupon Bonds. Rogersville Corp. needs to raise fund and issues 20 -year zero coupon bond. If the face value of the bond is $23,500.00 and the current interest is 3.71%, how much is the bond? a. $13,490.24 b. $11,341.10 c. $1,132.97 d. $48,694.57 Step by Step Solution
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