Question: Help please - (Chapter 6) Check my You work for the investment bank advising Easy App Technologies. You have decided that the best way to

Help please Help please - (Chapter 6) Check my You work for the investment

- (Chapter 6) Check my You work for the investment bank advising Easy App Technologies. You have decided that the best way to raise money is through debt. They have issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a par value of $1000, and have a yield to maturity of 5.9%. What is the approximate total amount of money the company raised from Issuing these bonds? Assume semiannual compounding. Multiple Choice $88.20 million $7514 million $60.76 min 91.84 milion 162.00

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