Question: Solve clearly 9. (5 points points) Suppose ABC Corp. issued a coupon bond with a face value of $1000, coupon rate is 10%, and maturity

Solve clearly

9. (5 points points) Suppose ABC Corp. issued a coupon bond with a face value of $1000, coupon rate is 10%, and maturity period of 15 years in 2017. If the market interest rate is 8% in 2021, do you purchase this bond at par, at a premium, or at a discount? Explain your answer showing the math.10. (5 points points) Suppose ABC Corp. issued a coupon bond with a face value of $1000, coupon rate is 10%, and maturity period of 15 years in 2017. If the market interest is 15% in 2021, do you purchase this bond at par, at a premium, or at a discount? Explain your answer showing the math

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