$9\mathrm{.}10($Valuing bonds$)($Related to Checkpoint $9\mathrm{.}3$ on page $302)$ Doisneau $20-$year bonds have a $10$ percent annual coupon interest, make interest payments on a semiannual basis, and have a $$1,000$ par value. If the bonds are trading with a $12$ percent market$$s required yield to maturity, are these premium or discount bonds? Explain your answer. What is the price of the bonds?

NOT IN EXCEL, INCLUDE STEPS