a $240000 issue of eight year bonds redeemable at par offers 6.41% coupons payable annually. what is the premium or discount ?
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A $1,000,000 issue of eight year bonds redeemable at par offers 7% coupons payable semi-annually. What is the issue price of the bonds to yield 8% compounded annually? The issue price of the bond is 5 (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed
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