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Business, 09.04.2020 23:16 manarhizam12
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 5.55 percent and mature in 30 years. If we assume semiannual compounding, at what price will the bonds sell?
a. 185.79
b. $18708
c. $193.53
d. $188.69
e. $197.81
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Answers: 3
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Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project...
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