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

Calculate thevalueof each bond and discusswhether 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%

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