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A $6,000, 3.00% bond was purchased 6 years and 2 months before its redemption date when the yield was 6.00% compounded semi-annually. a. Calculate the

A $6,000, 3.00% bond was purchased 6 years and 2 months before its redemption date when the yield was 6.00% compounded semi-annually.

a. Calculate the purchase price of the bond.

$5,143.22

$976.20

$4,167.02

$5,082.54

b. What was the amount of premium or discount on the bond?

(click to select)PremiumDiscountPar

amount is

Round to the nearest cent

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