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The National Football League just approved the Raiders team move request and the organization has decided to raise $700 million by issuing a bond to
The National Football League just approved the Raiders team move request and the organization has decided to raise $700 million by issuing a bond to build a new stadium. The organization is offering a 9% coupon rate on a standard, 20-year bond. What will be a) the amount the organization has to pay the bond holder each year b) what will be the total amount paid to the bond holder at the end of the 20 years?
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