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The prices of several bonds with face values of $1,000 are summarized in the following table: Bond A B C D Price $988.39 $1,025.25 $1,111.54

The prices of several bonds with face values of

$1,000

are summarized in the following table:

Bond

A

B

C

D

Price

$988.39

$1,025.25

$1,111.54

$1,000.00

For each bond, provide an answer for whether it trades at a discount, at par, or at a premium.

Bond A trades at (a)

discount

par

premium

.

(Select from the drop-down menu.)Part 2Bond B trades at (a)

discount

par

premium

.

(Select from the drop-down menu.)Part 3Bond C trades at (a)

discount

par

premium

.

(Select from the drop-down menu.)Part 4Bond D trades at (a)

discount

par

premium

.

(Select from the drop-down menu.)

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