What is the selling price and premiumdiscount on a bond, Financial Management

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What is the selling price and premiumdiscount on a bond

1. What is the Selling Price and Premium/Discount on a bond which is a 30-Year $500,000.00, paying Semiannual at 5% (annual rate). If:

-The market rate of interest is 4%

-The market rate of interest is 6%

2. What is the Selling Price and Premium/Discount on a bond which is a 10-Year $100,000.00, paying Semiannual at 8% (annual rate). If:

-The market rate of interest is 10%

-The market rate of interest is 5%

-Can you include a step by step guide-

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Financial Management: What is the selling price and premiumdiscount on a bond

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