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Qu Your municipality is trying to raise $200,000 for the local hospital. They are issuing 20-year 3% coupon bonds, each with a face value of

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Qu Your municipality is trying to raise $200,000 for the local hospital. They are issuing 20-year 3% coupon bonds, each with a face value of $500. If the current market rate is 2%, how many bonds do they need to issue? Fine Time Select one: O a 20836 O t. 344 Oc926 O d. 5366

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