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A 10-year bond with a 7% annual coupon has a yield to maturity of 8%. Which of the following statements is CORRECT? Group of answer

A 10-year bond with a 7% annual coupon has a yield to maturity of 8%. Which of the following statements is CORRECT? Group of answer choices

The bond is selling at its par value.

The bond is selling at a premium.

If the yield to maturity remains constant, the bond's price one year from now will be lower than its current price.

If the yield to maturity remains constant, the bond's price one year from now will be higher than its current price.

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