Question: Question 9 (5 points) A $1000, 7% bond redeemable at par in eight years bears coupons payable annually compute the premium or discount and the

Question 9 (5 points) A $1000, 7% bond redeemable at par in eight years bears coupons payable annually compute the premium or discount and the purchase price if the yield, compounded annually is6.54 TAMIL Premium PP=51030.44 Discount PP=1030 44 Premium 3969 56 LE D.scount 5959:56

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