2. Petron needs to raise $50,000 for capital expansion of its plant. The 10 points company...

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2. Petron needs to raise $50,000 for capital expansion of its plant. The 10 points company issues ten year bonds to raise the money. The bonds are redeemable at 102. The rate of interest on the bond, r, is 3.43% payable quarterly. If at the time of the bond issue interest rates, i, are 2.31% compounded quarterly, what amount of money will the company received from the bond issue? Vour aneuwor 2. Petron needs to raise $50,000 for capital expansion of its plant. The 10 points company issues ten year bonds to raise the money. The bonds are redeemable at 102. The rate of interest on the bond, r, is 3.43% payable quarterly. If at the time of the bond issue interest rates, i, are 2.31% compounded quarterly, what amount of money will the company received from the bond issue? Vour aneuwor

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