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11. A 30000$, 5% bond with quarterly interest coupons redeemable at par in 10 years is purchased to yield at 4.5% compounded quarterly. (1) What

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11. A 30000$, 5% bond with quarterly interest coupons redeemable at par in 10 years is purchased to yield at 4.5% compounded quarterly. (1) What is the premium or discount? (ii) What is the purchase price? 12. What is the difference between stocks and bonds

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