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same question: What was the amount of premium or discount on the bond? Liz purchased a $3,500 bond that was paying a coupon rate of

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Liz purchased a $3,500 bond that was paying a coupon rate of 5.60% compounded semi-annually and had 4 more years to mature. The yield at the time of purchase was 6.80% compounded semi-annually. a. How much did Liz pay for the bond? Round to the nearest cent

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