1. Which one of the following bonds will trade at a premium? A) A zero coupon bond that was purchased before interest rates fell sharply B) A bond with a coupon of 8.6% and a yield to maturity of 9.0% C) A zero coupon bond that was purchased before interest rates increased sharply D) None of the bonds above will trade at a premium *** Use this table for the following question *** Rating: AAA AA A BBB Yield 2.40% 2.60% 3.20% 4.80%