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Business, 11.02.2021 18:40 ozzypurple05

Northern Warehouses wants to raise $11 million to expand its business. To accomplish this, it plans to sell 35-year, $1,000 face value zero-coupon bonds. The bonds will be priced to yield 5 percent. What is the minimum number of bonds it must sell to raise the $11 million it needs

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Northern Warehouses wants to raise $11 million to expand its business. To accomplish this, it plans...
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