Identify whether each of the following bonds is trading at a discount, at par value, or at a premium. Calculate the prices of the bonds per 100 in par value using Equation 1. If the coupon rate is deficient or excessive compared with the market discount rate, calculate the amount of the deficiency or excess per 100 of par value.

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Bond A BCD с D Coupon Payment per Period 2 6 5 0 Number of Periods to Maturity 6 4 5 10 Market Discount Rate per Period 3% 4% 5% 2%