Question: How do you get a ) $ 5 1 2 5 and b ) $ 1 2 5 premium? A $ 5 0 0 0
How do you get a$ and b$ premium?
A $ bond with a coupon rate of is purchased six years before maturity, when the market quotation was
a What was the purchase price of the bond?
b What was the amount of discount or premium on the bond?
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