Question: A $ 1 0 0 0 0 , 4 % bond with interest payable semi - annually and redeemable at par are purchased 8 .

A $10000,4% bond with interest payable semi-annually and redeemable at par are purchased 8.5 years before maturity. The bonds are bought to yield 4.1%.
Is this bond sold at a premium or a discount?
Question 2 options:
Premium
Discount

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