What was the issue price of the zero coupon bonds, Finance Basics

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What was the issue price of the zero coupon bonds

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Zero coupon bonds pay no interest-the only cash investors receive is the lump-sum principal payment at maturity. On January 1, 2019, The Ledge Inc. issued $250 million of zero coupon bonds at a maturity yield rate of 10%. The bonds mature in 20 years. What was the January 1, 2039, issue price of these zero coupon bonds?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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