Question: A $5000, 7.5% bond redeemable at par with semi-annual coupons is purchased to yield 6% compounded semi-annually. What are the premium or discount and the

A $5000, 7.5% bond redeemable at par with semi-annual coupons is purchased to yield 6% compounded semi-annually. What are the premium or discount and the purchase price if the bond is bought?
(a) 10 years before maturity?
(b) 6 years before maturity?

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