(Related to Checkpoint 9.3)(Bond valuation) Doisneau 20-year bonds have an annual coupon interest of 11 percent, make interest payments on a semiannual basis, and have a $1 comma 000 par value. If the bonds are trading with a market's required yield to maturity of 15 percent, are these premium or discount bonds? Explain your answer. What is the price of the bonds?