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You just purchased a bond with a quoted price of 100.00% and a maturity of 30 years. 1. Is your bond a discount bond, premium

You just purchased a bond with a quoted price of 100.00% and a maturity of 30 years. 1. Is your bond a discount bond, premium bond, or a bond sold at par? Explain. 2. What would be the price of your bond expressed in dollars? Show your calculation. 3. How will you generate the returns from owning this bond?

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