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Question 10 1 pts Suppose ABC Co. issues $26.97 million of 25 year zero coupon bonds today. If investors require a return of 4.12 percent
Question 10 1 pts Suppose ABC Co. issues $26.97 million of 25 year zero coupon bonds today. If investors require a return of 4.12 percent compounded semiannually and all the bonds remain outstanding until they mature, how much (in $ millions) will ABC have to pay to redeem the bonds. Answer in millions to two decimals -ie, if you get $50,268,382, you should enter 50.27
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