Question: Question 19 4 points Save Answ Party Inc purchases a $500,000 face value bond which matures in two years. The coupon rate is 6% and

 Question 19 4 points Save Answ Party Inc purchases a $500,000

Question 19 4 points Save Answ Party Inc purchases a $500,000 face value bond which matures in two years. The coupon rate is 6% and the market rate is 7%. How much premium or discount will be amortized in the first year? $30,000.00 $34,36724 $4,36724 $9,039.40

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