Question: Moon software Inc. is planning to issue two types of 25-year. Non-callable bonds to raise a total of $6 million, $3 million from each type
How many OID bonds must the firm issue to raise $3,000,000? Disregard flotation costs, and round your final answer up to a whole number of bonds.
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Present value of 3000000 due in 25 years at 10 interest payable semian... View full answer
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