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A $27000,8.6% bond is purchased 4 years before maturity to yield 4.9% compounded semi-annually. The bond interest is payable semi-annually. How should we expect this

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A $27000,8.6% bond is purchased 4 years before maturity to yield 4.9% compounded semi-annually. The bond interest is payable semi-annually. How should we expect this bond to sell? a. Premium (bond rate =8.6%>4.9%= market rate) b. At par Premium (bond rate =8.6%=4.9%= market rate) c. Discount (bond rate =8.6%4.9%= market rate) e. Premium (bond rate =8.6%

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