Business, 27.02.2020 03:16 patricialeon244

Castelda company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $999.38 and then pay no annual interest payments, only $100,000 at maturity. What is the annual percentage cost of these bonds to the issuing company? (Do not round intermediate calculations. Round your final answer to two decimal places of percentage.)

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Castelda company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $9...

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