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A $ 5 0 , 0 0 0 , 8 % bond with semi - annual coupons is purchased three years before maturity. Calculate the

A $50,000,8% bond with semi-annual coupons is purchased three years before maturity. Calculate the discount or premium if the bond is sold to yield 10.5% compounded semi-annually.
Select one:
a. $3,147.10
b. $2,735.58
c. $5,327.85
d. $2,537.85
e. $4,237.85
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