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The following information is provided on Air New Zealand's bonds. (Note: This is not actual information so if you know the price of Air New

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The following information is provided on Air New Zealand's bonds. (Note: This is not actual information so if you know the price of Air New Zealand debt, it will not necessarily be close to the price calculated from these numbers.) What is the price of this bond today? Is this bond a discount or premium bond? Why? NZDX Company Code Coupon Maturity YTM Air NZ AIR 6.90% 6 years Price 7.50%? frequency of coupon payments Semiannual

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