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A bond with a face value of $1,000 matures in 9 years and has a 7% semiannual coupon. The bond currently is traded at $920

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A bond with a face value of $1,000 matures in 9 years and has a 7% semiannual coupon. The bond currently is traded at $920 Which of the following statements is CORRECT? Select one: O a. The nominal yield to maturity is 9.59% and you would buy each bond for $920 if you think that a "fair" market interest rate (discount rate) for such bonds is 10.67% O b. The nominal yield to maturity is 9.59% and you would buy each bond for $920 if you think that a "fair" market interest rate (discount rate) for such bonds is 8 67% Toc The nominal yield to maturity is 8.28% and you would buy each bond for $920 if you think that a "fair market interest rate (discount rate) for such bonds is 9.59% Od The nominal yield to maturity is 8 28% and you would buy each bond for $920 if you think that a "fair" market interest rate (discount rate) for such bonds is 5 59% e. The nominal yield to maturity is 4.80% and you would buy each bond for $920 if you think that a "fair market interest rate (discount rate) for such bonds is 6.67%

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