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Please find the correct answers for the questions Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to

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Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 5.9%. Part 1 | Attempt 1/10 for 10 pts. What should be the total face value of the bonds (in $ million)? No decimals Submit Intro Treasury spot interest rates are as follows: Maturity (years) 1 Spot rate (EAR) 1.7% 2 2.8% 3 3.1% 4 4.5% Part 1 IB Attempt 1/10 for 10 pts. What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)? No decimals Submit

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