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Doisneau 16-year bonds have an annual coupon interest of 9 percent, make interest payments on a semiannual basis, and have a $1,000 par value. If

Doisneau 16-year bonds have an annual coupon interest of 9 percent, 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 17 percent, are these premium or discount bonds?

The price of the bonds is $_____ (Round to the nearest cent.)

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