A $1,000 face value coupon bond has a coupon rate of 7%, a yield to maturity of 5%, and a current price of $1100 The annual coupon payment is A. $70. B.$50 C. $77. D.$55 Suppose we have a coupon bond where the face value of the bond is $1,000 and the coupon rate is 8%. If the yield to maturity is 9.4%, is the price of the bond: A. $1,000 B. > $1,000 C.