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Bond Measurement: Bond Price Calculation O Given: Face value of bond issue: $100,000 Term of issue: 5 years Stated interest rate: 9% per year, payable

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Bond Measurement: Bond Price Calculation O Given: Face value of bond issue: $100,000 Term of issue: 5 years Stated interest rate: 9% per year, payable annually at year end Market rate of interest: 11% Determine the issue price of the bonds

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