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A $200,000, 6
A $200,000, 6.50% bond redeemable at par, with semi-annual coupon payments, is purchased 12 years before maturity to yield 5.00% compounded semi-annually. a. What was the purchase price of the bond? $0.00 Round to the nearest cent b. What was the amount of discount or premium on the bond? amount is $0.00
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