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Your company wants to raise $9.5 million by issuing 25-year zero-coupon bonds if the yield to maturity on the bonds will be al compounded APR
Your company wants to raise $9.5 million by issuing 25-year zero-coupon bonds if the yield to maturity on the bonds will be al compounded APR what to face value amount of bends must you issue? The total face value amount of bonds that you must issue is Round to the nearest cent)
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