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A corporation issued a $400,000, 6 % coupon rate, 10 year semi-annual bond. If the yield is 4%, what is the selling price? $ 465,416.80

A corporation issued a $400,000, 6 % coupon rate, 10 year semi-annual bond. If the yield is 4%, what is the selling price? $ 465,416.80 $400,011.20 O 5 345,643.60 $ 291,282.40

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