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I NEED HELP WITH THIS ASAP A $10,000 bond with a coupon rate of 5.25% was redeemable on July 01,2031 . It was purchased on

image text in transcribed I NEED HELP WITH THIS ASAP

A $10,000 bond with a coupon rate of 5.25% was redeemable on July 01,2031 . It was purchased on February 10,2025 when the yield rate was 5.50% compounded semiannually. Please include a well-labelled timeline diagram. Full solutions should be shown on separate sheets of paper. Submit your solutions. a. What was the purchase price of the bond? Round to the nearest cent. b. What was the amount of discount or premium on the bond? Round to the nearest cent

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