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(Related to Checkpoint9.3) (Bond valuatioe) Doisneau 18 -year bonds hme an annual coupon interest of 9 peecent, make interest poyments on a semiannual basis, and

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(Related to Checkpoint9.3) (Bond valuatioe) Doisneau 18 -year bonds hme an annual coupon interest of 9 peecent, make interest poyments on a semiannual basis, and hame a $1,000 par value. Wl the bonds are trading whth a maket's required yeld to matunty of 15 peicent, are these premium of discount bonds? Explari yout antwet What is the price of the bonds? a. If the bonds are trading with a yold to maturify of 15%, then (Select the best choice below) A. the bonds should be selling at par because the bonds coupen rate is equal to the yold to maturify of eimila bonds B. there is oot enough inkamation to judge the value of the bonds C. the bonds theald be selling at a prenum because the bends coupon iate is greater than the yield to maturty of simdia bonds 0. the bonds should be seling at a discount because the bonds coupon rate is less than the yield to maturity of similat bonds

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