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Company Z issues a $250,000 6% bond due in 10 years. Interest is payable annually at year-end. The market rate is 4%. What is the

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Company Z issues a $250,000 6% bond due in 10 years. Interest is payable annually at year-end. The market rate is 4%. What is the value of the discount or premium associated with the bond at issuance? $36,802 premium O $40,554 discount $36,802 discount O $40,554 premium

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