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Doisneau 2 3 - year bonds have an annual coupon interest of 1 1 percent , make interest payments on a semiannual basis, and have

Doisneau 23-year bonds have an annual coupon interest of 11percent, 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 15percent, are these premium or discount bonds? Question is: What is the price of the bonds is $? Round to the nearest cent.

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