[Solved] Compute the price of a 4.9 percent coupon

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Compute the price of a 4.9 percent coupon bond with 15 years left to maturity and a market interest rate of 7.6 percent. (Assume interest

Compute the price of a 4.9 percent coupon bond with 15 years left to maturity and a market interest rate of 7.6 percent. (Assume interest payments are semiannual.)

What is the bond price?

Is this a discount or premium bond?

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