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What is the issue price of a $100,000, 4%, 5 years bonds of Marina Communications, if at issue time investment of similar risk and length

What is the issue price of a $100,000, 4%, 5 years bonds of Marina Communications, if at issue time investment of similar risk and length of time offered a return of 3%?

A. $95,670.52

B. $100,000

C. $91,575.27

D. $104,579.71

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