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Problem 6-15 Suppose a seven-year, $1,000 bond wit, a 7.5% coupon rate and semiannual coupons istradng with a yield to maturity of 663%. a, Is

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Problem 6-15 Suppose a seven-year, $1,000 bond wit, a 7.5% coupon rate and semiannual coupons istradng with a yield to maturity of 663%. a, Is this bond currently trading at a discount at par or at a premium? Explain b, if the yield to maturity of the bond nses to 7 47% (APR with semannual compounding, what price wil the bond trade for

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