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Mathematics, 19.10.2019 11:10 SmokeyRN

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?

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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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