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StarBirst is going to issue twelve-year, zero-coupon bonds to pay for an investment project. The company hopes to raise $25 million for the project. If
StarBirst is going to issue twelve-year, zero-coupon bonds to pay for an investment project. The company hopes to raise $25 million for the project. If the bonds have a required return of 13.0%, how many bonds will the firm have to issue (round to the nearest number of bonds)? 108,363 bonds 25,000 bonds 5,515 bonds 113,326 bonds 9,766 bonds
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