Question: Question 9 View Policies Current Attempt in Progress 7 years ago Pharoah Corporation issued 20 year bonds that had a $1,000 face value paid interest

Question 9 View Policies Current Attempt in Progress 7 years ago Pharoah Corporation issued 20 year bonds that had a $1,000 face value paid interest annually, and had a coupon rate of 6 percent. If the market rate of interest is 5.5 percent today, what is the current market price of an Pharoah Corporation bond? (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, s. 52.75.) Current market prices Are these bonds selling at a premium or discount? These bonds are selling ata

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