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Apple issues a bond due in 5 years with a stated interest rateof 8% and a face value of $490,000. Interest payments are madesemi-annually. The

Apple issues a bond due in 5 years with a stated interest rateof 8% and a face value of $490,000. Interest payments are madesemi-annually. The market rate for this type of bond is 10%. Whatis the i 2 answers

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