Question: 6. Ye Ol' Bond Problem: Data for the Bond Face: $1,950,500 Market rate: 3.375% Coupon rate: 3.575% Maturity: 12.0 years Interest paid semi annually a.

6. Ye Ol' Bond Problem: Data for the Bond Face: $1,950,500

6. Ye Ol' Bond Problem: Data for the Bond Face: $1,950,500 Market rate: 3.375% Coupon rate: 3.575% Maturity: 12.0 years Interest paid semi annually a. Using the two step method, determine the price of the bond b. Is the bond selling at a premium or discount? How much? How can you tell? c. What is the journal entry to sell the bond

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