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will upvote please solve correctly Question 4 12 pts A 15-year, $1,000 par value bond has a 5% annual coupon rate (with interest paid semi-annually).

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will upvote please solve correctly
Question 4 12 pts A 15-year, $1,000 par value bond has a 5% annual coupon rate (with interest paid semi-annually). The bond currently sells for 1100. A. Is the bond a premium bond or a discount bond? Explain briefly. B. If the bond interest rate (yield to maturity) increases by 75 basis points between year and year 5, what will the bond price be 5 years from now (year 0)? Edit View Insert Format Tools Table 12pt Paragraph B IV A LT? O words

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