How is discounting current and future cash flows used to help value a bond and determine if it is issued at a premium, discount or at par? How is the stated rate of interest and the market rate of interest both used to value a bond? solutionspile.com

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How is discounting current and future cash flows used to help value a bond and determine if it is issued at a premium, discount or at par?  How is the stated rate of interest and the market rate of interest both used to value a bond?    solutionspile.com

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