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A $1,000,4.3% coupon bond has 191/2 years remaining until maturity. Calculate the bond discount if the required return in the bond market is 5.4% compounded
A $1,000,4.3% coupon bond has 191/2 years remaining until maturity. Calculate the bond discount if the required return in the bond market is 5.4% compounded semiannually. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond discount $
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