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Q4: Jericho Industrial Company issued a bond at face value of $1000 with coupon rate 5% paid annually. The maturity of bond is 10 years

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Q4: Jericho Industrial Company issued a bond at face value of $1000 with coupon rate 5% paid annually. The maturity of bond is 10 years and discount rate is 8%. Calculate the following: 1. What is the bonds current market price (VB)? 2. What is the discount or premium amount

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