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Business, 12.08.2019 22:10 evanwall91

Seaside issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years. interest payments are made semi-annually. the market rate for this type of bond is 12%. what is the issue price of the bond (rounded to nearest whole dollar?

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Seaside issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years....
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