22 Consider a 6-year $1,000 par bond priced at $1,011. The coupon rate is 7.5% paid semiannually. Six-year bonds with comparable credit quality have a yield to maturity (YTM) of 6%. Should an investor purchase this bond? A Yes, the bond is undervalued by about $38 B E No, the bond is overvalued by about $64 Yes, the bond is undervalued by about $64 An investor should be indifferent because the bond is fairly priced 2 Points None of the above