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A $ 5 0 , 0 0 0 bond bearing interest at 6 . 5 % payable semi - annually is redeemable at par on

A $50,000 bond bearing interest at 6.5% payable semi-annually is redeemable at par on August 28,2033.
The bond is sold on the primary market on December 10,2013, to yield 5% compounded semi-annually.
Determine the amount of discount or premium on the sale of the bond.
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