Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
mantparn mantparn
wrote...
Go to Answer
Posts: 1904
Rep: 2 0
7 years ago
Jia Hua Enterprises wants to issue sixty 20-year, $1,000 par value, zero-coupon bonds. If each bond is priced to yield 7 percent, how much will Jia Hua receive (ignoring issuance costs) when the bonds are first sold?
A) $11,212
B) $12,393
C) $15,505
D) $18,880
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
Read 536 times
3 Replies
Replies
Answer verified by a subject expert
donnabandonnaban
wrote...
#1
Top Poster
Posts: 949
Rep: 47 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mantparn Author
wrote...
#2
7 years ago
Whoa I needed this Smiling Face with Open Mouth
wrote...
#3
3 years ago
Thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1221 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 112
  
 247
  
 445
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: What's your favorite funny biology word?