Is this a discount or premium, Financial Management

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Is this a discount or premium

Calculate the price of a 6.3 percent coupon bond with 14 years left to maturity and a market interest rate of 5.0 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?

Discount bond

Premium bond

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Financial Management: Is this a discount or premium

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Financial Management: Is this a discount or premium

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