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PLS SHOWS USING CALCULATORS KEYS ON BA II PLUS! ANS: 17,164 J&J Enterprises wants to issue eighty 20-year, $1,000 zero-coupon bonds. If each bond is
PLS SHOWS USING CALCULATORS KEYS ON BA II PLUS!
ANS: 17,164
J&J Enterprises wants to issue eighty 20-year, $1,000 zero-coupon bonds. If each bond is to yield 8%, how much will J&J receive (ignoring issuance costs) when the bonds are first sold?
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