Question: 7 points Save Answer Pinnacle Consulting is planning to issue a zero-coupon bond with a 12-year maturity at a yield to maturity of 5.80%. Pinnacle

7 points Save Answer Pinnacle Consulting is planning to issue a

7 points Save Answer Pinnacle Consulting is planning to issue a zero-coupon bond with a 12-year maturity at a yield to maturity of 5.80%. Pinnacle needs to raise $22,000,000. To the nearest thousand, how many bonds do they need to issue? azer-coupon bond pays no coupon interest payments, but is calculated as if they pay semi-annual State your newer in ons g. 12,00.000 OF 12.09

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