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Problem 7 - 2 1 Compute Bond Price ( LG 7 - 4 ) Compute the price of a 5 . 8 percent coupon bond
Problem Compute Bond Price LG Compute the price of a
percent coupon bond with years left to maturity and a market
interest rate of percent. Assume interest payments are
semiannual.Do not round intermediate calculations and round your
final answer to decimal places. Bond price $ Is this a discount
or premium bond? Discount bond Premium bond
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