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Memphic Memphic
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6 years ago
Suppose that MI has zero-coupon debt with a $125 million face value due next year.  The expected return of MI's debt is closest to:
A) 25.0%
B) 12.5%
C) 5.0%
D) 7.8%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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anicidanicid
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6 years ago
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Memphic Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
vernonb
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Thanks for your help!!
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You make an excellent tutor!
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