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7 6 024214 515787507569 4.995534917324.84101 4.766544.69395 4.62288 6.00205 5.892.70 5.786375682975 582385.48452 5,389295 29660 5 20637 6,732746.595896.463216.334576 20979 6.08875 5 97130 5.85730 5.74664 7.43533 726879 7.10782

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7 6 024214 515787507569 4.995534917324.84101 4.766544.69395 4.62288 6.00205 5.892.70 5.786375682975 582385.48452 5,389295 29660 5 20637 6,732746.595896.463216.334576 20979 6.08875 5 97130 5.85730 5.74664 7.43533 726879 7.10782 6.95220 6.80169 6.65610 6.515236.378896,24689 8.110907 91272 7.721737.537637.360097.18883 7.02358 6.86408 6.71008 10 Details of the Bond Issue is as follows: ISSUE DATE: Jan 1, 20YY FACE: $50,000 TERM: 5 years CONTRACT ANNUAL INTEREST RATE: 11% (interest paid semiannually Jun 30 and Dec 31) MARKET ANNUAL INTEREST RATE: 13% Calculate the following. Round to the nearest dollar. What are the Bond Proceeds? (round to nearest dollar) Are the Bonds Issued at a Discount or Premium? (must be spelled out completely) How much is the Discount or Premium? (enter as positive number, round to nearest dollar) All work saved

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