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1 billion, 7%, 10-year bonds are issued at face value. Interest will be paid semi-annually. When calculating the market price of the bond, the present
1 billion, 7%, 10-year bonds are issued at face value. Interest will be paid semi-annually. When calculating the market price of the bond, the present value of O 1 billion received in 10 periods must be calculated. O 70000000 received for 10 periods must be calculated. 35000000 received for 10 periods must be calculated. O 1 billion received in 20 periods must be calculated
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