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The market price of an $920000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is $1033059. $1034653. $1042608.

The market price of an $920000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is

$1033059.

$1034653.

$1042608.

$1722571.

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