1. A bond is currently selling at par $1,000. Assume interest rate stays constant over time. The full price should ___ and the flat price should as we approach the next coupon date. A. increase; stay the same B. decrease; stay the same C. stay the same; increase D. stay the same; decrease E. increase; decrease F. stay the same; stay the same Assume today is December 1, 2021 and you buy a semiannual bond maturing January 1, 2023. The exponent for discounting the cash flow for the first coupon should be: A. 1/12 B. 3/12 C. 1 D. 1/6 E. 2/6