Question
Your company wants to raise $9.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bonds will be 9 % (annual
Your company wants to raise $9.0 million by issuing 15-year zero-coupon bonds. If the yield to maturity on the bonds will be 9 % (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 $?
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
