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Doisneau 1 6 - year bonds have an annual coupon interest of 1 1 % , make interest payments on a semiannual basis, and have

Doisneau 16-year bonds have an annual coupon interest of 11%, make interest payments on a semiannual basis, and have a $1,000 par value. If the bonds are trading with a market's required yield to maturity of 15%, are these premium or discount bonds? What is the price of the bonds?

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