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1. Which of the following is most likely to issue a non-sovereign bond?

A France

B The World Bank

C The city of Los Angeles, CA

2. A corporation is planning to issue zero-coupon bonds with a par value of $1,000 and with a maturity of 30 years. Assuming investors demand a 9.25% yield to maturity on the bonds, compounded semiannually, approximately how much should an investor pay for each bond?

A $66.35

B $70.36

C $257.59

D $857.43

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92428040

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