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Trek Star Productions has bonds trading in the secondary market that mature in 15.00 years. Each bond pays an annual coupon of $102.50 with a

Trek Star Productions has bonds trading in the secondary market that mature in 15.00 years. Each bond pays an annual coupon of $102.50 with a face value of $1,000.00. Investors in Trek Star debt currently seek an 11.00% return.

What is the coupon rate associated with Trek Star bonds?

What price are investors willing to pay for Trek Star debt?

Is Trek Star trading at a premium or a discount?(answer PREMIUM or DISCOUNT)

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