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Question 8 (1 point) Listen A $100,000 5-year 6 % bond is issued on January 1, 2020. The bond pays interest annually. The market
Question 8 (1 point) Listen A $100,000 5-year 6 % bond is issued on January 1, 2020. The bond pays interest annually. The market rate is 8%. What is the selling price of the bonds, rounded to nearest dollar? A) $108,425 B) $100,000 C) $92,014 D) $7,986
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