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K Question 17 (of 25) Problem 7-23 Compute Bond Price (LG4) Calculate the price of a 5.2 percent coupon bond with 18 years left to

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K Question 17 (of 25) Problem 7-23 Compute Bond Price (LG4) Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent. (Assume interest payments are semiannual) (Do not round internediate calculations and round your final answer to 2 decimal places.) Bond price Is this a discount or premium bond? O Premium bond O Discount bond References eBook & Resources Diffic Problem 7-23 Compute Bond Price (LG4) Worksheet

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