Question: Required a . Is this a discount bond or a premium bond? b . Compute the amount required to purchase this bond at the beginning

Required
a. Is this a discount bond or a premium bond?
b. Compute the amount required to purchase this bond at the beginning of the 4-year period.
Requirement a. Is this a discount bond or a premium bond?
This is a bond because the coupon rate is greater than the market rate. answer as a positive number and round to the nearest whole dollar.)
Amount required to purchase bonds
Required a. Is this a discount bond or a premium bond?

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