Question: n&external_browser=0&launchUrlhttps%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheprodu Saved Help Save & Exit Check Problem 7-22 Compute Bond Price (LG7-4) Compute the price of a 5.9 percent coupon bond with 15 years

n&external_browser=0&launchUrlhttps%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmheprodu Saved Help Save & Exit Check Problem 7-22 Compute Bond Price (LG7-4) Compute the price of a 5.9 percent coupon bond with 15 years left to maturity and a market interest rate of 70 percent. (Assume interest payments are semiannual.) (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Bond price Is this a discount or premium bond? O premium bond O discount bond

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