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Le schea deposits astruct a sinking 5. A $10,000, 3% bond is purchased nine years and six months before maturity to yield 2% semi-annually. If

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Le schea deposits astruct a sinking 5. A $10,000, 3% bond is purchased nine years and six months before maturity to yield 2% semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond? Determine the premium or discount

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