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Suppose your company needs to raise $40.3 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond

Suppose your company needs to raise $40.3 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond issue will be 5.3 percent, and youre evaluating two issue alternatives: a semiannual coupon bond with a coupon rate of 5.3 percent and a zero coupon bond. The tax rate is 23 percent. Both bonds will have a par value of $1,000.In 30 years, what will your companys repayment be if you issue the coupon bonds

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