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Question 4 (1 point) Company XYZ wants to raise $4,000 by issuing 10-year zero-coupon bonds. If the yield to maturity on the bonds will be
Question 4 (1 point) Company XYZ wants to raise $4,000 by issuing 10-year zero-coupon bonds. If the yield to maturity on the bonds will be 3% (EAR), what total face value amount of bonds must you issue? (Please provide the numeric answer to 2 decimal places.)
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