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Walt Disney Co had a bond issue outstanding that matures in 30 years. These bonds have a coupon rate of 2.75% and the coupon is
Walt Disney Co had a bond issue outstanding that matures in 30 years. These bonds have a coupon rate of 2.75% and the coupon is paid out semi-annually. Yield to maturity on these bonds is 3.081%. a) Are these bonds trading at premium or discount? b) What should be the price of the bonds
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