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1. Compute the price of a 4.8 percent coupon bond with 12 years left to maturity and a market interest rate of 6.2 percent. Is

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1. Compute the price of a 4.8 percent coupon bond with 12 years left to maturity and a market interest rate of 6.2 percent. Is this a discount or a premium bond? Assume coupons are paid semiannually

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