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On January 1, a company issued a 5 -year 5100,000 bond at 8%. Interest payments on the bond of 58,000 are to be made annually.

On January 1, a company issued a 5 -year 5100,000 bond at 8%. Interest payments on the bond of 58,000 are to be made annually. If the company received groceedx of $9,700, how would the bond's issuarve be quoted? 199 97 1000 97.0

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