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A $6,000,10% bond redeemable at par in two years with semi-annual coupons is purchased to yield 8% compounded semi-annually. Compute the premium or discount and
A $6,000,10% bond redeemable at par in two years with semi-annual coupons is purchased to yield 8% compounded semi-annually. Compute the premium or discount and the purchase price, and construct the appropriate bond schedule.
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