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Beta Company Ltd., issued $50 million 8%p.a. 10-year bonds exactly 3 years ago. The bonds pay interest semi-annually. Market rates for this type of bond

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Beta Company Ltd., issued $50 million 8%p.a. 10-year bonds exactly 3 years ago. The bonds pay interest semi-annually. Market rates for this type of bond are currently 4%p.a. The current market value of the bonds is: $50,000,00 $62,106,25 O $62,004,11 O $66,351,43

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