Question: 12 A $1,000, 6.9% coupon bond has 19 years remaining until maturity. Calculate the bond discount if the required return in the bond market is

 12 A $1,000, 6.9% coupon bond has 19 years remaining until

12 A $1,000, 6.9% coupon bond has 19 years remaining until maturity. Calculate the bond discount if the required return in the bond market is 8.0% compounded semiannually. (Do not round intermediate calculations. Round your answer to 2 decimal places) Bond discount

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