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Dahlia Corporation issued $ 1 0 0 million bonds that mature in 3 0 years and have a 5 % coupon rate that is paid

Dahlia Corporation issued $100 million bonds that mature in 30 years and have a 5% coupon rate that is paid annually. If the bonds were sold to yield 3.4%, determine the price of the bonds at the end of year 25.
Multiple Choice
$103,202,658
$107,244,589
$126,658,944
$118,559,603
$105,659,506

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