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A total of $ 5 million, 5 % , 1 0 - year bonds are issued at face value. Interest will be paid semi -

A total of $5 million, 5%,10-year bonds are issued at face value. Interest will be paid semi-annually. When calculating the market price of the bond, the present value ofSelect one: A. $250,000 received for 10 periods must be calculated. B. $5 million received in 10 periods must be calculated. C. $5 million received in 20 periods must be calculated. D. $500,000 received for 10 periods must be calculated.

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