Question: please answer carefully other wise I will give downvote Your company wants to raise $9.0 million by issuing 20-year zero-coupon bonds. If the yield to

please answer carefully other wise I will give downvote

please answer carefully other wise I will give

Your company wants to raise $9.0 million by issuing 20-year zero-coupon bonds. If the yield to maturity on the bonds will be 4% (annual compounded APR), what total face value amount of bonds must you issue? (Round to the nearest The total face value amount of bonds that you must issue is $ cent.)

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