Assume the an outstanding seven-year bond has $1000 par value, coupon rate of 5 percent, and five years remaining to maturity. If the required rate of return on similar bonds of equal risk is 10 percent, the bond will sell at which of the following? a. A premium b. A discount c. At par value d. At $1250 ($50 annual interest payments x 5 years to maturity) e. The bond cannot be sold again because it is already outstanding.