Question: Question 5 1 pts A bond has a face value of $750,000 payable in 8 years. These bond have a 3% coupon rate payable annually,

Question 5 1 pts A bond has a face value of

Question 5 1 pts A bond has a face value of $750,000 payable in 8 years. These bond have a 3% coupon rate payable annually, and the market yield was 4% when the bonds were purchased. Is this a discount or a premium bond? Discount Premium Question 6 1 pts Compute the amount required to purchase this bond at the beginning of the 8th-year. Round to the nearest whole dollar

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