Suppose your company needs to raise $ 4 6 million and you want to issue 2 5
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Question:
Suppose your company needs to raise $ million and you want to issue year bonds for this purpose. Assume the required return on your bond issue will be percent, and youre evaluating two issue alternatives: A semiannual coupon bond with a percent coupon rate and a zero coupon bond. Your companys tax rate is percent. Assume a par value of $ How many of the zeroes would you need to issue?
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