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a corporation decides to raise money for its new thermal project by issuing 5 million bonds with a face value of $5000 each for 10
a corporation decides to raise money for its new thermal project by issuing 5 million bonds with a face value of $5000 each for 10 years at a coupon rate of 7% at the time of the issue, the bonds were sold for $5500 each. what will the face value of the bonds be in year 5?
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