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The tace value of a bond is $50,000, its stated rate is 6% and the term of the bond is five yoars. The bond pays

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The tace value of a bond is $50,000, its stated rate is 6% and the term of the bond is five yoars. The bond pays interest semannavly At the time of issie, the makef nite is 8%. What is the present value of the bonds at issuance? Present value of ordinary annuity of 51 : A. 551,500 B. 549,986 C. $45,029 D. 545.067 Present value of ordinary annuitv of \$1

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