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mantparn mantparn
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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:
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donnabandonnaban
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7 years ago
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mantparn Author
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#2
6 years ago
Whoa I needed this Smiling Face with Open Mouth
wrote...
#3
3 years ago
Thank you
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