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Question I: The face value of the bond $2,000,000, years to matarity 10 years, coupon rate is 11% and effective interest rate is 9.086 .
Question I: The face value of the bond $2,000,000, years to matarity 10 years, coupon rate is 11% and effective interest rate is 9.086 . IVhi would be the bond issue price and bond total discoundpremium price if the annual interest coupon payment is $220,000 per year. A. Issue price $2,256,606 and total discount $256,706 B. Issue price $2,256,606 and total discount $256,606 C. Issue price $1,474,249 and total premium $256,706 (D) Issue price $2,256,706 and total premium $256,706 E. None of the above
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