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During the year, a corporation issues a 25-year, $100,000 bond. The bond pays 6% interest payable twice a year. The minimum amount that the bond

During the year, a corporation issues a 25-year, $100,000 bond. The bond pays 6% interest payable twice a year. The minimum amount that the bond can be issued for and have the original issue discount be treated as $0 is:

a. $93,750. b. $97,500. c. $99,625. d. $97,000. e. $99,750.

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