What's the point of using a non standard face value then? Wouldn't issuing 4,750,000 at $1 under your premise be more logical?
This is an example http://financeformulas.net/Zero_Coupon_Bond_Value.html
Zero coupon doesn't mean no interest, it just means that it's basically capitalised until maturity.
Ann: Adidi-Kanga Gold Project Acquisition and Update, page-53
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