Question: Seaside issues a bond that has a stated interest rate of 8%, face amount of $50,000, and is due in 5 years. Interest payments are

Seaside issues a bond that has a stated interest rate of 8%, face amount of $50,000, and is due in 5 years. Interest payments are made semiannusty The market rate for this type of bond is 10%. What is the issue price of the bond? (Exoti. Po 31. EVASI. PASI EVAD.0fand PVD at 50 (Use appropriate factor(s) from the tables provided) Multiple Choice $5,496 $50,000 $80,696 $46.139

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