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Compute the price of a 5.0 percent coupon bond with 10 years left to maturity and a market interest rate of 78 percent.(Assume Interest payments

Compute the price of a 5.0 percent coupon bond with 10 years left to maturity and a market interest rate of 78 percent.(Assume Interest payments are semiannual.) (Do not round intermedliate calculations. Round your final answer to 2 declmal places) Is this a discount or premium bond? O premium bond O discount bond MacBook Air 9 2 3 4

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