Compute the price of a 6.7 percent coupon bond with 10 years left to maturity and a market interest rate of 7.0 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal. places.) Bond price Is this a discount or premium bond? discount bond O premium bond

Compute the price of 36.7 percent coupon bond with 10 years leb to maturity and a market interest rote of 7.0 percent (Assume interest puyments are semiannuat.) (Do not round Intermediate calculations, Round yourflinat answor to 2 dechmat placesi) Is this a discount or premium bond? discount bond premium bond