Question: A 7-year, $1,000,000 zero coupon bond is priced to yield 9%. The amount the issuing company will receive when it is issued is: Multiple Choice

A 7-year, $1,000,000 zero coupon bond is priced to yield 9%. The amount the issuing company will receive when it is issued is: Multiple Choice $ 543,933.74 $ 1,000,000.00 $ 621,921.32 $ 547,034.24

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