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Considering a bond issued by Toyotta date of 2 0 1 2 and a stated annual coupon rate of 8 percent. The bond makes semiannual
Considering a bond issued by Toyotta date of and a stated annual coupon rate of percent. The bond makes semiannual payments. In December with five years left to maturity, investors owing the bonds were requiring a percent rate of return. Calculate the the value of the bond? Is this bond a discount bond or a premium bond?
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