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Your Company issued a $100,000 face value bond on January 1, 2013. The 10 year term bond was issued at 97 and had a 2%

Your Company issued a $100,000 face value bond on January 1, 2013. The 10 year term bond was issued at 97 and had a 2% stated rate of interest that is payable on December 31st of each year. What is the carrying value after the first payment is made?

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