Question: please help on this This is all the information the question states Liz purchased a $4,500 bond that was paying a 5.90% coupon rate and
please help on this

This is all the information the question states
Liz purchased a $4,500 bond that was paying a 5.90% coupon rate and had 6 more years to mature. The yield at the time of purchase was 6.90% compounded semi- annually. n Full solutions should be shown on separate sheets of paper. Submit your solutions. a. How much did Liz pay for the bond? Round to the nearest cent b. What was the amount of premium or discount on the bond? (click to select) V amount is Round to the nearest cent
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