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What is the $premium of the following bond (annual payments)? 8.25% coupon rate, 4 years to maturity, $1,000 par value, 7.5% market rate (yield) There

What is the \$premium of the following bond (annual payments)? 8.25% coupon rate, 4 years to maturity, $1,000 par value, 7.5% market rate (yield) There is no premium on this bond bectisse it is a discount bond 50.00 $25.12 $974.88 $1.025.12

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