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Compute Bond Price Compute the price of a 6 percent coupon bond with 10 years left to maturity and a market interest rate of 8.75

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Compute Bond Price Compute the price of a 6 percent coupon bond with 10 years left to maturity and a market interest rate of 8.75 percent (Assume interest payments are semi-annual and par value is $1,000.) Is this a discount or premium bond? premium discount

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