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A bond has Principal of $1,000, Coupon Rate of 10%, and 5 year Maturity. If the market interest rate is 11% at the time of

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A bond has Principal of $1,000, Coupon Rate of 10%, and 5 year Maturity. If the market interest rate is 11% at the time of issuance, then this bond will be issued at par, a discount, or a premium? Par Discount Premium -D 10 points A bond has Principal of $1,000, Coupon Rate of 10%, and 5 year Maturity. If the market interest rate is 11% at the time of issuance, then this bond will be issued at what price? 93.6 96.3 97.2 103.7

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