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10.(4%) A 100,00 bond that pays semiannual coupons at an annual rate of 5% is bought to yield an annual nominal rate of 6% and

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10.(4%) A 100,00 bond that pays semiannual coupons at an annual rate of 5% is bought to yield an annual nominal rate of 6% and redeem at 83,000. Was the bond bought at a premium, at par, or at a discount? Justify your

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