Question: Montgome with a $1,000 face value to finance the expansion. The bonds will be priced to yield 4 percent annully What is the minimum number
Montgome with a $1,000 face value to finance the expansion. The bonds will be priced to yield 4 percent annully What is the minimum number of zero-coupon bonds he must sell? Use annual compounding. ry Burns needs $19 million to expand his business. He decides to sell 20-year zero-coupon bonds Ion. The bonds will be priced to yleld 4 percent annually. What O 40,030 41,631 O 80.060 19,000 20.816
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