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What is the issuance price of this bond

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Question - Zeeb Corp issued a 15-year bond with a face value of $30,000 and no stated rate. The bond was issued with a market/yield rate of 22%. What is the issuance price of this bond?

Reference no: EM132754619

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What is the issuance price of this bond : Zeeb Corp issued a 15-year bond with a face value of $30,000 and no stated rate. What is the issuance price of this bond
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