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Rawlings needs to raise $ 3 5 , 9 0 0 , 0 0 0 for its new manufacturing plant in Jamaica. Berkman Investment Bank
Rawlings needs to raise $ for its new manufacturing plant in Jamaica. Berkman Investment Bank will sell the bond for a commission of The market yield is currently on twentyyear zerocoupon bonds. If Rawlings wants to issue a zerocoupon bond, how many bonds will it need to sell to raise the $ Assume that the bond is semiannual and issued at a par value of $
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