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(B) The DePuy Company is going to be issuing bonds with a principal amount of $50,000. Ine bonds pay 4% interest, payable semi-annually, with payments

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(B) The DePuy Company is going to be issuing bonds with a principal amount of $50,000. Ine bonds pay 4% interest, payable semi-annually, with payments on July 1 and Jan. 1 . The bonds will mature in 5 years. At the time the bonds are to be issued, the market rate of interest is 6%. How much money will DePuy receive at the time the bonds are issued

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