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6.28 For a $100 par value 5-year bond with 8% coupons paid semiannually and bought to yield 10% compounded semiannually, calculate the amount of premium

6.28 For a $100 par value 5-year bond with 8% coupons paid semiannually and bought to yield 10% compounded semiannually, calculate the amount of premium or discount 2 years and 10 months after the date of purchase. Assume that each month has exactly 30 days

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