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Seven years ago Blossom Corporation issued 20 year bonds that had a $1,000 tace value, paid interest annually, and had a coupon rate of 9

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Seven years ago Blossom Corporation issued 20 year bonds that had a $1,000 tace value, paid interest annually, and had a coupon rate of 9 percent if the market rate of interest is 5.5 percent today, what is the current market price of an Blossom Corporation bond? (Round intermediate calculations to 5 decimal places, es. 1.25145 and final answer to 2 decimal places, es. 52.75.) Current market price Are these bonds seling at a premium or a discount? These bonds are selling at a

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