Your company wants to raise $10 million by issuing 20-year-zero-coupon bonds.

Your company wants to raise $10 million by issuing 20-year-zero-coupon bonds. If the yield to maturity on the bonds will be 6% (annually compounded APR), what total principal amount of bonds must you issue?

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Your company wants to raise $10 million by issuing 20-year-zero-coupon bonds. was first posted on May 10, 2022 at 5:15 am.
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