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( Related to Checkpoint 9 . 3 ) ( Bond valuation ) Doisneau 1 7 - year bonds have an annual coupon interest of 9
Related to CheckpointBond valuation Doisneau year bonds have an annual coupon interest of percent make interest payments on a semiannual basis, and have a $ par value. If the bonds are trading with a market's required yield to maturity of percent are these premium or discount bonds? Explain your answer. What is the price of the bonds?
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