Question: Suppose ABC Co . issues $ 2 8 . 4 5 million of 2 9 year zero coupon bonds today. If investors require a return

Suppose ABC Co. issues $28.45 million of 29 year zero coupon bonds today. If investors require a return of 6.23 percent compounded semiannually and all the bonds remain outstanding until they mature, how much (in $ millions) will ABC have to pay to redeem the bonds. 

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