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What is the price of a bond that matures in 15 years and has an annual 10% coupon when comparable debt yields 8%? Is the

What is the price of a bond that matures in 15 years and has an annual 10% coupon when comparable debt yields 8%?

Is the bond described in the question above a premium or discount bond? How do you know?

Find the net asset value for a mutual fund if total assets are 2.55 million, total liabilities are $50,000 and there are 1 million shares outstanding.

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