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14.XYZ Corporation issued $120,000 of 10-year, 5% of bonds to ABC Company. If the market rate is currently 7%, what cash price did this bond

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14.XYZ Corporation issued $120,000 of 10-year, 5% of bonds to ABC Company. If the market rate is currently 7%, what cash price did this bond sell for?: * O a $42,141 Ob. $103,143 Ob. $120,000 Oc. $138,532

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