Discount bond and premium bond

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Reference no: EM131573227

Calculate the price of a 6.3 percent coupon bond with 10 years left to maturity and a market interest rate of 7.5 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Bond price $

Is this a discount or premium bond?

Premium bond

Discount bond

Reference no: EM131573227

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Discount bond and premium bond : Calculate the price of a 6.3 percent coupon bond with 10 years left to maturity and a market interest rate of 7.5 percent. Is this a discount or premium bond?

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