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4. You purchase a 10-year semi-annual coupon bond with face value of $1,000 and the price of $925.61. The annual market interest rate 6%. What

4. You purchase a 10-year semi-annual coupon bond with face value of $1,000 and the price of $925.61. The annual market interest rate 6%. What is the coupon rate? Is this a premium bond or a discount bond? Why? Use 3 decimal points in your calculations

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