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ABC issues 6%, 10 year bonds with a face amount of $100,000. The market interest rate for bonds of similar risk and maturity is 4%.
ABC issues 6%, 10 year bonds with a face amount of $100,000. The market interest rate for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price will the bonds issue?
116,222 | ||
116,351
| ||
117,155 | ||
116,024 | ||
115,873
|
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