(Answered) After a major earthquake the san francisco opera company is

Finance

After a major earthquake, the San Francisco Opera Company is offering zero coupons bonds to fund the needed structural repairs to its historic building. Boston Norton is considering the purchase of several of these bonds. The Bonds have a face value of $2,000 and are scheduled to mature in 10 years. Similar bonds on the market have a YTM of 12 percent. If Mr. Norton purchases three of these bonds today, how much money will he receive 10 years from today at maturity?

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