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Fiesta Corp. purchases a $100,000 face value bond which matures in two years. The coupon rate is 6% and the market rate is 7%. How

Fiesta Corp. purchases a $100,000 face value bond which matures in two years. The coupon rate is 6% and the market rate is 7%. How much premium or discount will amortized in the first year? a. 873.44 b. 6,000.00 c. 1,808.00 d. 6,873.44

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