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Compute the price of a 5.2 percent coupon bond with 10 years left to maturity and a market interest rate of 8.2 percent. (Assume interest

Compute the price of a 5.2 percent coupon bond with 10 years left to maturity and a market interest rate of 8.2 percent. (Assume interest payments are semiannual.)

Bond price $
Is this a discount or premium bond?
Premium bond

Discount bond

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