Question: Please answer the following question and show your work. Thank you very much for your help. Lev Corp issued $200 in principal of 4-year bonds

Please answer the following question and show your work. Thank you very much for your help.

Lev Corp issued $200 in principal of 4-year bonds with a 6.0% stated interest rate and semi-annual interest payments. At the time of the issuance, the discount rate equaled the stated interest rate. What is the annuity factor for the interest payments? Round to two decimal places. Type your

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