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question 22 A corporate bond has details as shown: Duration Interest Yield to maturity 10 years 20% per annum (payable twice a year) 15% per

question 22

A corporate bond has details as shown:

Duration

Interest

Yield to maturity

10 years

20% per annum (payable twice a year)

15% per annum

At what rate of discount or premium is the bond selling at?

Select one:

A. 128.608% premium

B. 15% discount

C. 26.663% premium

D. 128.608% discount

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