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Tammy issues a bond that has a stated interest rate of 6 % , face amount of $ 1 0 0 , 0 0 0

Tammy issues a bond that has a stated interest rate of 6%, face amount of $100,000, and is due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 8%. What is the issue price of the bond?
$100,000
$91,889
$92,014
$93,931
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