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Wyndham Hotels & Resorts, Inc. needs to raise $ 6 0 0 million in capital to fund new product development. The company wants to issue
Wyndham Hotels & Resorts, Inc. needs to raise $ million in capital to fund new product
development. The company wants to issue zerocoupon year bonds in the US remember the
semiannual yield convention; similar bonds sell at a yield of If Wyndham's bonds are
issued at a yield of how much face value of debt rounded to the nearest $ must
they issue in order to raise the desired $ million?
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