van plans to invest on bonds with P 4, 000,000 face value on January 1, 2022, The b ears starting January 1, 2022 and pays an interest of 7% semi-annually every June 3 1. The bonds' effective interest rate is 8%. tequired: Compute for the following: 1. Expected market Price of the bond 2. Amount of premium or discount of the bond

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