Question: Question 14 A pts N % PV$1 PVA 5 8% 0.680583 3.99271 5 10% 0.620921 3.790787 10 4% 0.675564 8.110896 10 5% 0.613913 7721735 The

Question 14 A pts N % PV$1 PVA 5 8% 0.680583

Question 14 A pts N % PV$1 PVA 5 8% 0.680583 3.99271 5 10% 0.620921 3.790787 10 4% 0.675564 8.110896 10 5% 0.613913 7721735 The company issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 8%. What is the issue price of the bond (rounded to nearest dollar)

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