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a) If the market rate is 6%/year: KEY: Premium or Discount? b) If the market rate is 4%/year: r=(FV+PV)^1/n-1

a) If the market rate is 6%/year: KEY: Premium or Discount?

b) If the market rate is 4%/year: r=(FV+PV)^1/n-1

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