A company issues zero coupon bonds which mature in 30 years
A company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $99.38 and then pay no annual interest payments, only $1000 at maturity. What is the annual percentage cost of these bonds to the issuing company?
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what is the value today of 5000 per year at a discount rate of 9 percent if the first payment is received 5 years from
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