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Business, 10.03.2020 00:20 g23liyah01

J&J Enterprises wants to issue eighty 20-year, $1,000 zero-coupon bonds. If each bond is to yield 8%, how much will J&J receive (ignoring issuance costs) when the bonds are first sold?

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J&J Enterprises wants to issue eighty 20-year, $1,000 zero-coupon bonds. If each bond is to yiel...
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