A bond with a face value of $5,000 has a coupon rate of 5% paid semi-annually. 5 years left to maturity, and a yield to maturity of 4% a) is the bond a premium bond or a discount bond? Why? b) What is the bond's market value? a) discount bond because the coupon rate the yield to maturity b) $5,224.56 a) premium bond because the yield to maturity > the coupon rate b) $5,117.84 a) premium bond because the coupon rate > the yield to maturity b) $4,781.20 a) premium bond because 5% is a relatively high rate of interest today b) $4,781.20 a) premium bond because $5,000 is a significant amount of money b) $4,781.20 a) discount bond because face value of $5,000 is below market value O a) discount bond because face value of $5,000 is below market value b) $5,117.84 a) discount bond because the coupon rate the yield to maturity b) $5,224.56