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A bond with a face value of $5,000 pays interest of 10% per year will be redeemed at a par value at the end of

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A bond with a face value of $5,000 pays interest of 10% per year will be redeemed at a par value at the end of its 10-year life. How much should be paid for this bond now in order to yield 8% per year: Select one: a. 8671 b. 5671 O C. 4671 d. 3671

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