2 2) A S1,000 par value corporate bond that pays S60 annu ally in interest was issued last year. Which one of these would apply to this bond today if the current price of the bon is $996.20? A) The current yield exceeds the yield to maturity B) The bond is currently selling at a premium. C) The bond is selling at par value. D) The coupon rate has increased to 7 percent. E) The current yield exceeds the coupon rate