2 Bond Valuation Theresa's broker is trying to sell her a 10-year bond with an 8 percent coupon rate and $1,000 face value. The current yield to maturity on similar bonds with $1,000 par values is 9 percent. Is the bond selling at a premium, discount, or par value, and why O The bond is selling at a premium, because similar bonds are selling with higher yields. O The bond is selling at a discount, because similar bonds are selling at similar face values but higher interest rates. The bond is selling at par value, because similar bonds are selling at $1,000. O The bond is selling at a discount, because similar bonds are selling with higher yields