1. A corporation issued bonds 5 years ago. At that time, the coupon rate was set at 23% Today, the bond's yield to maturity (YTM) i5 57% a Explain the difference between the coupon rate and the YTM Be sure to discuss each hom in your response (4 points) b What does the fact that the YTM is higher than the coupon rate indicate about how much coupon the corporation would need to pay of sted the band today Instead of 5 years ago? (4 points) Is this a premium bond or a discount bond? WW3 points)