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Seaside issues a bond that has a stated interest rate of 13%, face amount of $50,000, and is due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 14%. What is the issue price of the bond? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Multiple Choice $75,418 O $50,000 $48,245 O $83,218.

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My name is eva also I’m not sure I’m only in middle school and that very much confused me
User Bowie
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