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Kristen purchased a $ 3 , 0 0 0 bond that was paying a coupon rate of 5 . 8 0 % compounded semi -

Kristen purchased a $3,000 bond that was paying a coupon rate of 5.80% compounded
semi-annually and had 4 more years to mature. The yield at the time of purchase was
4.70% compounded semi-annually.
a. How much did Kristen pay for the bond?
Round to the nearest cent
b. What was the amount of premium or discount on the bond?
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