Business, 17.10.2019 01:10, audreymarie2940

The app store needs to raise $2.8 million for expansion. the firm wants to raise this money by selling 20-year, zero-coupon bonds with a par value of $1,000. the market yield on similar bonds is 6.49 percent. how many bonds must the company sell to raise the money it needs?

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The app store needs to raise $2.8 million for expansion. the firm wants to raise this money by selli...