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ifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following

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ifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following onds: Bond A has a 7% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond B has a 6% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond C has an 8% annual coupon, matures in 12 years, and has a $1,000 face value. ach bond has a yield to maturity of 7%. The data has been collected in the Microsof Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below: po not round intermediate calculations. Use a minus sign to enter negative values, if any. If an answer is zero, enter "0", powntoad spreadsheet Bond Valuation-573933xisx a. Before calculating the prices of the bonds, indicate whether each bond is trading at a premium, at a discount, or at par: Bond A is selling at because its coupon rate is the going interest rate. Bond B is seling at becaise its coupon rate is the going interest rate. Bond C is seliing at because its coupon rate is the going interest rate. b. Colculate the price of each of the three bonds. Round your answers to the nearest cent

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