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A $200,000 bond having a bond rate of 5% payable annually is purchased for $180,000 and kept for 4 years, at which time it is

A $200,000 bond having a bond rate of 5% payable annually is purchased for $180,000 and kept for 4 years, at which time it is sold. How much should it sell for it to yield a 5% effective annual return on the investment?

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