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What is the issue price of a $102,000, 4%, 10 year bonds of Satelite Inc., if at issuance time, investments of similar risk and lenght
What is the issue price of a $102,000, 4%, 10 year bonds of Satelite Inc., if at issuance time, investments of similar risk and lenght of time offered a return of 6%?
A.
$118,546.23
B.
$86,985.42
C.
$78,601.36
D.
$100,000
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