Question: A bond, paying 5% coupons compounded semi-annually,for the next 6 years is currently yielding 78%,what type of price do you expect to find premium or

 A bond, paying 5% coupons compounded semi-annually,for the next 6 years

A bond, paying 5% coupons compounded semi-annually,for the next 6 years is currently yielding 78%,what type of price do you expect to find "premium or discount"? Find the price of the bond

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