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Author Question: Crystal Clear Inc. is undertaking a new investment opportunity and would like to issue bonds to fund ... (Read 64 times)

luminitza

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Crystal Clear Inc. is undertaking a new investment opportunity and would like to issue bonds to fund the project. The bonds would be 30-year zero-coupon bonds with a $1,000 face value, and 100 bonds will be issued. If the bonds are to yield 7%, how much will Crystal Clear receive when the bonds are issued?
◦ $13,136.71
◦ $14,056.28
◦ $12,277.30
◦ $10,000.00
◦ $11,341.24


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Marked as best answer by luminitza on Apr 25, 2021

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luminitza

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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