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please i need it asap Your company wants to raise $10.5 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds

please i need it asap

Your company wants to raise

$10.5

million by issuing

20-year

zero-coupon bonds. If the yield to maturity on the bonds will be

5%

(annual compounded

APR),

what total face value amount of bonds must you issue?

The total face value amount of bonds that you must issue is

$

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