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do I need to use the 9% or the 8%? Calculate the premium or discount on the sale of a 20-year, $10.000 Rogers Communications Corp.

do I need to use the 9% or the 8%?

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Calculate the premium or discount on the sale of a 20-year, $10.000 Rogers Communications Corp. bond that was issued nine years ago with a coupon rate of 9% and is trading today at a yield rate of 8.0% (compounded semiannually). $722.56 premium $632.96 premium $22073 premium O $159.23 discount O $689.22 discount

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