1. Exelon Corporation, the electric power company for the state of Illinois has an outstanding bond that has a coupon rate of 7.6%, a face value of $1000 and was priced at 107.79% of face value on 10/1/2023. The bond was issued on 4/1/2000 and matures on 4/1/2032. If this bond pays interest semi-annually,

a. (4 pts) what was its annual yield to maturity (YTM) on 10/1/2023?

b. (4 pts) what was its current yield on 10/1/2023?

c. (2 pts) did the bond sell at a discount, par, or premium on 10/1/2023? Why?