Question: Now its time for you to practice what youve learned. Darnell is deciding which two bonds he wants to invest in. Bond A has 24

Now its time for you to practice what youve learned.

Darnell is deciding which two bonds he wants to invest in. Bond A has 24 years remaining to maturity, and the coupon interest rate is 12% per year. Bond B has 19 years to maturity, and the coupon interest rate is 13% per year. Both bonds have a $1,000 par value and the yield to maturity is 10%.

Complete by the following table by using a financial calculator to determine the market price for each bond and whether the bond is a premium, discount, or par bond.

	Market Price	Bond Type
Bond A
Bond B

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