Q9. What is the price of a 6% bond in the following scenarios. The bond has 10 years The current rate of new bonds in the market is 4% Par Annual Coupon $ Rate Price (solve for Term present value) Is this bond selling at a premium or discount? The current rate of new bonds in the market is 8%. Par Annual Coupon $ Rate Is this bond selling at a premium or discount? Price (solve for Term present value)