Question 7-1: A 20 year, $1,000 face-value bond pays an 7% annual coupon and has a discount rate of 9%. Calculate the bond's price Is it priced at par, a discount or a premium? . A. $217 (Discount) B. $234 (Discount) C. $817 (Discount) D. $1,000 (Par) E. $1,196 (Premium) 9 Wall Corporation acquired a manufacturing facility on four acres of land for a lump-sum price of $5,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,000,000, $2,200,000, and $1,800,000 for the land, building, and equipment, respectively. The initial value of building would be: O a. None of these answer choices are correct. O b. $1,375,000 O c. $2,500,000 O d. $1,125,000