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Golden Dome Corp. is about to issue bonds with a total face value of $100,000. The bonds have a 10 year term, a stated interest

Golden Dome Corp. is about to issue bonds with a total face value of $100,000. The bonds have a 10 year term, a stated interest rate of 7%, and pay interest annually, at the end of each year. At the end of the 10 year term the $100,000 face value will be paid to the bondholders. If the market interest rate is 9%, what will be the cash proceeds from the bond issue?

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