A bond pays a coupon of $6\mathrm{.}5\%$ per year and the bond's yield to maturity is $6\mathrm{.}87\%$ per year. Therefore, the bond is trading at a $q,$ to its par value. If the bond's yield to maturity does not change, the bond's price will be $$ next year.

Premium, lower

Discount, lower

Discount, higher

Discount, the same

Premium, higher