Seven years ago, Windsor Corporation issued 20 -year bonds that had a $1,200 face value, paid interest annually, and had a coupon rate of 10 percent. If the market rate of interest is 5.0 percent today, what is the current market price of an Windsor Corporation bond? (Round intermediate colculations to 5 decimal places, es. 1.25145 and final answer to 2 declmal places, es 52.75 .) Are these bonds selling at a premium or discount