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Use the following information for the next 4 questions: Suppose your company needs to raise $46 million and you want to issue 20 -year bonds

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Use the following information for the next 4 questions: Suppose your company needs to raise $46 million and you want to issue 20 -year bonds for this purpose. Assume the required return on your bond issue will be 8 percent and you're evaluating two issue alternatives: A semiannual coupon bond with a coupon rate of 8 percent and a zero coupon bond. Your company's tax rate is 22 percent. Assume a par value of $2,000. Some hints are available at the bottom of this page A full explanation video will be posted after the deadline of this assignment has past. How many of the zeroes would you need to issue to raise the $46 million? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

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