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Calculate the price of a 6.0 percent coupon bond with 16 years left to maturity and a market interest rate of 4.4 percent. (Assume interest

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Calculate the price of a 6.0 percent coupon bond with 16 years left to maturity and a market interest rate of 4.4 percent. (Assume interest payments are semiannual.) Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. is this a discount or premium bond

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