Calculate the price of a 67 percent coupon bond with 15, Financial Management

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Calculate the price of a 67 percent coupon bond with 15

Calculate the price of a 6.7 percent coupon bond with 15 years left to maturity and a market interest rate of 8.5 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?

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Financial Management: Calculate the price of a 67 percent coupon bond with 15

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Financial Management: Calculate the price of a 67 percent coupon bond with 15

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