Question: Question 2 6 points Save An Pinnacle Consulting is planning to issue a zero-coupon bond with a 15-year maturity at a yield to maturity of

 Question 2 6 points Save An Pinnacle Consulting is planning to

Question 2 6 points Save An Pinnacle Consulting is planning to issue a zero-coupon bond with a 15-year maturity at a yield to maturity of 575% Pinnacle needs to raise $15.000.000 To the nearest thousand, how many bonds do they need to issue? a zero-coupon bond pays no coupon interest payments but is calculated as they arely State your answering 12.849.000 not 12.89

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