Question: QUESTION 3: BOND VALUATION (5 MARKS] Explain in a paragraph of about 100-150 words when and why would a bond be sold on a premium

 QUESTION 3: BOND VALUATION (5 MARKS] Explain in a paragraph of

QUESTION 3: BOND VALUATION (5 MARKS] Explain in a paragraph of about 100-150 words when and why would a bond be sold on a premium or discount? You may use graphs, equations, or other aids to assist your explanation

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