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8 points Saved A 7-year $100,000 bond that makes cash payments every six month is issued with a stated interest rate of 8% when the

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8 points Saved A 7-year $100,000 bond that makes cash payments every six month is issued with a stated interest rate of 8% when the market interest rate is 9%. What will be the cash payments for interest each six months for the life of the bond? A. $4,500 8. $4,000 C $8,000 D. $9,000

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