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can someone provide the answer and explanation? 48. Joel issues a bond with a stated interest rate of 8%, face value of $100,000, and due

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can someone provide the answer and explanation?
48. Joel issues a bond with a stated interest rate of 8%, face value of $100,000, and due in 3 years. Interest payments are made semi-annually. The market rate for this type of bond is 10%. What is the issue price of the bond? A $83,920. B. $94.925 C$100,000. D $104,925

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