You are considering a Bond that is selling in the market. The bond has a $1,000 par value, pays interest at 13%, and is scheduled to mature in 15 years. For bonds of this risk class you believe that a 10% rate of return should be required, based on current market conditions. Interest is paid twice per year. Question: Calculate the value of this bond based on your required rate of return and say if you expect the Bond to be selling at a Discount, at a Premium, or at Par? Say which one and explain your reasoning.