1. Business
  2. Finance
  3. suppose that the atlanta falcons decide to fund part of...

Question: suppose that the atlanta falcons decide to fund part of...

Question details

Suppose that the Atlanta Falcons decide to fund part of their new stadium with 25.00-year zero coupon bonds. The team wants to raise $230.00 million with this bond issue. If investors seek a return of 6.00% on this investment, what face value will Mr. Blank have to put on the bonds? (express answer in terms of millions, so 1,000,000 would be 1.0) Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here...
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution