Question: Saved Help Save & Exit Check my Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a

 Saved Help Save & Exit Check my Navarro, Inc., plans to

Saved Help Save & Exit Check my Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.73 percent and mature in 25 years. If we assume semiannual compounding, at what price will the bonds sell? Multiple Choice $248 34 $243.57 $237.48 $235.45 O $233.82 O

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