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Emma Industries issued bonds with a face value of $7,000,000 and a coupon rate of 5% paid semiannually for 4 years. The market rate of

Emma Industries issued bonds with a face value of $7,000,000 and a coupon rate of 5% paid semiannually for 4 years. The market rate of interest is 6%. How much is the market value of the bond using a present value table? A. $6,754,316 B. $6,797,846 C. $6,125,000 D. $6,938,225

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