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A $ 1 0 0 0 , 7 % bond redeemable at par in eight years bears coupons payable annually. Compute the premium or discount
A $ bond redeemable at par in eight years bears coupons payable annually. Compute the premium or discount and the purchase price if the yield, compounded annually, is aDiscount, $ bDiscount, PP$ cPremium, $ dPremium, PP$
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