Business, 02.07.2021 22:00 destinyshanece08

Seaside issues a bond that has a stated interest rate of 13%, face amount of $50,000, and is due in 6 years. Interest payments are made semi-annually. The market rate for this type of bond is 16%. What is the issue price of the bond

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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...

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