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Your company wants to raise $8.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bands will be 4% (annual compounced

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Your company wants to raise $8.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bands will be 4% (annual compounced 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 cont.)

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