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Calculate the price of a 5.8 percent coupon bond with 15 years left to maturity and a market interest rate of 8.0 percent. (Assume interest

Calculate the price of a 5.8 percent coupon bond with 15 years left to maturity and a market interest rate of 8.0 percent. (Assume interest payments are semiannual.

Bond Price

is this a discount or premium bond?

discount bond
premium bond

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