Thomasville liquidators wants to raise 62 million to expand, Finance Basics

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Thomasville liquidators wants to raise 62 million to expand

Thomasville Liquidators wants to raise $6.2 million to expand their business. To accomplish this they plan to sell 20-year, $1,000 face value, zero coupon bonds. The bonds will be priced to yield 9.5%. What is the minimum number of bonds they must issue to raise the $6.2 million?

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Finance Basics: Thomasville liquidators wants to raise 62 million to expand

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Request for Solution File

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Finance Basics: Thomasville liquidators wants to raise 62 million to expand

Reference No:- TGS0619867

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Thomasville liquidators wants to raise 62 million to expand

Reference No:- TGS0619867

Recent Questions Asked Finance Basics

Q : Is it possible to integrate the human brain with a computer

Q : Let the segment registers hold the values all in

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Q : What is the total linear interaction coefficient

Q : Thomasville liquidators wants to raise 62 million to expand

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Q : How do you think the media influences the publics

Q : What covalents total value if the firm currently before the

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