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Business, 18.01.2021 21:10 megaaan214p61pb7

If the market rate of interest is 7%, the proceeds of 6% bonds paying interest semiannually with a face value of $300,000 will be a. equal to $300,000. b. less than $300,000. c. greater than or less than $300,000, depending on the maturity date of the bonds. d. greater than $300,000.

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