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A 10-year bond issue with a $100,000 par value, 8% annual contract rate, with interest payable quarterly means that the issuer must repay $100,000 at

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A 10-year bond issue with a $100,000 par value, 8% annual contract rate, with interest payable quarterly means that the issuer must repay $100,000 at the end of 10 years and make 40 interest payments of $2,000 each

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