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Business, 12.03.2020 16:27 CupcakeTwist5972

Your friend Michelle is starting a fitness center that specializes in helping people get in shape through exercise and eating healthy. Because her business is new and risky, she is unable to obtain a loan from the local bank. You agree to pay $7,500 for a one-year bond from Michelle with an interest rate of 5 percent. The face value of the bond is

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