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Your company wants to raise $7.5 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds will be 8% (annual compounded
Your company wants to raise $7.5 million by issuing 25-year zero-coupon bonds. If the yield to maturity on the bonds will be 8% (annual compounded APR), what total face value amount of bonds must you issue? The total face value amount of bonds that you must issue is $ : (Round to the nearest cent.) Assume you graduate from college with $30,000 in student loans. If your interest rate is fixed at 4.66% APR with monthly compounding and you repay the loans over a 10-year period, what will be your monthly payment? Your monthly payment will be $ . (Round to the nearest cent.)
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