Question: ts eBook Hint Print erences Problem 7-21 Compute Bond Price (LG7-4) Compute the price of a 5.0 percent coupon bond with 10 years left

ts eBook Hint Print erences Problem 7-21 Compute Bond Price (LG7-4) Compute the price of a 5.0 percent coupon bond with 10 years left to maturity and a market interest rate of 7.8 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Bond price Is this a discount or premium bond? premium bond O discount bond

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