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Compute the price of a 4.7 percent coupon bond with 15 years left to maturity...

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Accounting

Compute the price of a 4.7 percent coupon bond with 15 years left to maturity and a market interest rate of 7.2 percent. (Assume
interest payments are semiannual.)
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Is this a discount or premium bond?
Please avoid using excel, and show all formulas.
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