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A bond pays a semi-annual coupon at an APR of 10.75%. The bond will mature in 10.00 years and has a face value of $1,000.00.

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A bond pays a semi-annual coupon at an APR of 10.75\%. The bond will mature in 10.00 years and has a face value of $1,000.00. The bond has a yield-to-maturity of 12.48% APR. What is the current yleld for the bond? Does this bond trade at a DiSCOUNT or a PREMIUM? Answer format: Text

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