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Compute Bond Price Compute the price of a 8.0 percent coupon bond with 15 years left to maturity and a market interest rate of 7.0

Compute Bond Price Compute the price of a 8.0 percent coupon bond with 15 years left to maturity and a market interest rate of 7.0 percent. (Assume interest payments are semi-annual.) Is this a discount or premium bond?

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