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A bond issued by IBM on December 1,1996 , is scheduled to mature on December...

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A bond issued by IBM on December 1,1996 , is scheduled to mature on December 1,2096 . If today is December 2,2015 , what is this bond's time to maturity? (Use 365 days a year.) Calculate the price of a 5.8 percent coupon bond with 10 years left to maturity and a market interest rate of 4.6 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Is this a discount or premium bond? premium bond discount bond

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