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A 1000 par value 10-year bond with 8.0% annual coupons was bought to yield 7.5% effective per year. Determine the amount of premium or discount
A 1000 par value 10-year bond with 8.0% annual coupons was bought to yield 7.5% effective per year. Determine the amount of premium or discount amortized in the 6th coupon payment. 3.48 discount amortized 6.50 discount amortized 5.99 discount amortized 6.50 premium amortized 3.48 premium amortized
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