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Deltono Motors just issued 230,000 zero coupon bonds. These bonds mature in 18 years, have...

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Deltono Motors just issued 230,000 zero coupon bonds. These bonds mature in 18 years, have a par value of $1,000, and have a yield to maturity of 6.3 percent. What is the approximate total amount of money the company raised from issuing these bonds? Assume semiannual compounding. Muliple Choice 588.20 million 58076 million 575.31 million $62.08 milison

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