Q3) Referring to the two corporate bonds' data at below table, answer the following: If the market interest rate was 10%, what would the bonds prices be? Would you consider both bonds to be selling at...

Q3)

Referring to the two corporate bonds' data at below table, answer the following:

1. If the market interest rate was 10%, what would the bonds prices be?


2. Would you consider both bonds to be selling at a discount, premium, or at par value and why?


3. Explain what it means when a bond is selling at a discount, a premium, or at its par value.