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13. A $3000, 7.5% bond with semi-annual interest coupons redeemable at par in 10 years is bought to yield 5% compounded semi-annually. Determine: (i) the

13. A $3000, 7.5% bond with semi-annual interest coupons redeemable at par in 10 years is bought to yield 5% compounded semi-annually. Determine: (i) the premium or discount (ii) the purchase price

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