How many bonds are in the entire group

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Reference no: EM131928774

Question: (a) What is the total face value of a group of municipal bonds that have a bond interest of 4% per year if the entire group pays quarterly interest payments of $800?

(b) If the bonds were issued in face value amounts of $1,000, then how many bonds are in the entire group?

Reference no: EM131928774

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