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Related to Checkpoint 0.3) (Bond valuation) Doisneau 24 year bonds have an annual coupon Interest of 13 percent, make interest payments on a semiamus basis,

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Related to Checkpoint 0.3) (Bond valuation) Doisneau 24 year bonds have an annual coupon Interest of 13 percent, make interest payments on a semiamus basis, and have a $1,000 par value. If the bonds are mading with a market required yield to maturity of 14 percent are the premium or discount bonde? Explain your answer. What is the price of the bonds? GUE the bonds are trading with a yold to maturity of 14%. then Select the best choice below) DA the one should be seg et promium become the bondscoupon rote is greater than the yield to matury of similar bonde rent is not enough fommon to judge the value of ne bonds the bonds should be selling par Dus The bonds coupon more to heal to writy of marband o the bonds should be sting at a discount because the bonds coupon rates than the old to maturity of marbonde be the price of the bonds ** Hound to the nearest cent)

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