Compute the price of a 640 percent coupon bond with 12, Financial Management

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Compute the price of a 640 percent coupon bond with 12

Compute the price of a 6.40 percent coupon bond with 12 years left to maturity and a market interest rate of 6.00 percent. (Assume interest payments are semi annual.) Is this a discount or premium bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign in your response.)

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Financial Management: Compute the price of a 640 percent coupon bond with 12

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