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On January 1. ABC Corporation issued four-year bonds with a face value of $50,000. The bonds have a stated interest rate of 10 percent When

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On January 1. ABC Corporation issued four-year bonds with a face value of $50,000. The bonds have a stated interest rate of 10 percent When the bonds were issued, the market interest rate was 10 percent. The bonds pay interest once per year on December 31. Determine the amount that ABC received at issuance Your answer should be rounded to the nearest full dollar (ie, no cents) (Euture Value. of $1. Present Value of S1. Euture Value Annuity of S1. Present Value Annuity of )

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