A company issues zero coupon bonds which mature in 30 years. These bonds can be bought for

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A company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $99.38 and then pay no annual interest payments, only $1000 at maturity. What is the annual percentage cost of these bonds to the issuing company?

Posted Date: May 13, 2024 06:03 AM

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A company issues zero coupon bonds which mature in 30 years. These bonds can be bought for

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