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You have an opportunity to purchase a bond paying 8% compounded semiannually. The Face Value of the bond is $5000. If your MARR is a

You have an opportunity to purchase a bond paying 8% compounded semiannually. The Face Value of the bond is $5000. If your MARR is a 10% semiannual effective rate what must you be able to purchase the bond for if you plan to sell it after 5 years?

a. $2458 b. $3072 c. $758 d. $1895 e. $1229

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