Question: 0.5 points Save Answer QUESTION 16 Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face
0.5 points Save Answer QUESTION 16 Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000 Interest payments are made semi-annually. The market rate for this type of bond is 5%. What is the issue price of the bond (rounded to nearest whole dollar)? (Use Table 2 and Table 4, contained within a separate file.) $104,376 $100,000 $84,557 $102,323
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