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What is the purchase price of a $1,000, 7.5% bond with semiannual coupons redeemable at par in 10 years if the bond is bought to

What is the purchase price of a $1,000, 7.5% bond with semiannual coupons redeemable at par in 10 years if the bond is bought to yield 6% compounded semiannually? b. Determine the premium or discount?

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