The required return on the bonds will be 7 percent what
Tillicum Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 25-year zero-coupon bonds to raise the money. The required return on the bonds will be 7 percent.
What will these bonds sell for at issuance?
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tillicum corporation needs to raise funds to finance a plant expansion and it has decided to issue 25-year zero-coupon
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