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The face value is $81,000, the stated rate is 10%, and the term of the bond is eight years. The bond pays interest semiannually. At

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The face value is $81,000, the stated rate is 10%, and the term of the bond is eight years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bond at the market rate? Supporting Materials Present value of $1 Present value of annuitur af t1. $90,445 $47,191 $43,141 $83,754

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