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XYZ sells 200,000 of bonds to private investors, this bonds are due in five years, hae a %6 coupon rate and interest is paid semi-annually.

XYZ sells 200,000 of bonds to private investors, this bonds are due in five years, hae a %6 coupon rate and interest is paid semi-annually. The bonds were sold to yield %8. What proceeds does XYZ receive from the investor

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