Calculate the value of each bond and discuss whether it sells at par, discount, or premium. (Annual interest rate)

Bond	Par value	Coupon interest rate	Years to maturity	Required return
A	$1000	14%	20	12%
B	$1000	8%	16	8%
C	$100	10%	8	13%

A.

Bond	Bond Value	Sells at par/discount/premium
A	$1,149.39	Premium
B	$1,000.00	Par
C	$85.60	Discount

B.

Bond	Bond Value	Sells at par/discount/premium
A	$1,149.39	Discount
B	$1,000.00	Par
C	$85.60	Premium

C.

Bond	Bond Value	Sells at par/discount/premium
A	$1,049.39	Premium
B	$1,100.00	Premium
C	$85.60	Discount

D.

Bond	Bond Value	Sells at par/discount/premium
A	$1,149.39	Premium
B	$1,000.00	Par
C	$85.60	Premium