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Calculate the premium or discount on the sale of a 2 5 - year, $ 1 , 0 0 0 Province of Quebec bond that

Calculate the premium or discount on the sale of a 25-year, $1,000 Province of Quebec bond that was issued 16 years ago with a coupon rate of 6% and is trading today at a yield rate of 8.5%(compounded semiannually).
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$171.92 premium
$155.07 discount
$254.86 premium
$216.48 discount
$317.99 premium

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