Question: Problem 5 You have until 3:05 PM to complete this assignment. Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with

Problem 5 You have until 3:05 PM to complete this assignment. Intro Concordant Inc. wants to raise $50 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 6.9%. Part 1 - Attempt 1/3 for 10 pts. What should be the total face value of the bonds (in $ million)? 1+ decimals Submit

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