Question
White & Decker Corporations 2024 financial statements included the following information in the long-term debt disclosure note: ($ in millions) 2024 Zero-coupon subordinated debentures, due
White & Decker Corporations 2024 financial statements included the following information in the long-term debt disclosure note: ($ in millions) 2024 Zero-coupon subordinated debentures, due 2039: $ 278 The disclosure note stated the debenture bonds were issued late in 2019 and have a maturity value of $580 million. The maturity value indicates the amount that White & Decker will pay bondholders in 2039. Each individual bond has a maturity value (face amount) of $1,080. Zero-coupon bonds pay no cash inter
effective interest rate______________%
issues price________________million
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