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Your company wants to raise $10 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds will be 6% (EAR), what
Your company wants to raise $10 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds will be 6% (EAR), what total face value amount of bonds must you issue?
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Property Finance
Authors: David Isaac
2nd Edition
0333987144, 978-0333987148
