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4. When computing the issue price of a bond that has a coupon rate of 8% payable semiannually and a market yield of 10%, the

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4. When computing the issue price of a bond that has a coupon rate of 8% payable semiannually and a market yield of 10%, the discount rate used would be a. 8%. b. 10%. c. 4%. d. 5%

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