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Question 5 of 12 A $9,500, 3.50% bond was purchased 8 years and 2 months before its redemption date when the yield was 6.50% compounded

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Question 5 of 12 A $9,500, 3.50% bond was purchased 8 years and 2 months before its redemption date when the yield was 6.50% compounded semi-annually. a. Calculate the purchase price of the bond. $7,826.15 o $2,191.69 $5,634.47 O $5,634.47 O $7,744.29 b. What was the amount of premium or discount on the bond? Discount amount is Round to the nearest cent E

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