Question: On Jan. 1 , 2 0 2 3 , an investor purchases the following bond, when the market rate of interest is 8 % :

On Jan. 1,2023, an investor purchases the following bond, when the market rate of interest is 8%: $100,00010-year bond at 6%. On June 30,2023(which is six months after the issuance date), what amount of cash will the investor receive from the company that issued the bond?

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