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Consider the following: 30 year, 6.5% semi-annual coupon bond that matures in 6 years. Assume the bond is priced to yield 5%. What is the

Consider the following: 30 year, 6.5% semi-annual coupon bond that matures in 6 years. Assume the bond is priced to yield 5%.

What is the bonds price?

Is this a discount or a premium bond? Why or why not?

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