Bond valuation. A bond with a face value of $1,000 matures in 9 years and has a 7% semiannual coupon. The bond is currently traded at $846. Which of the following statements is CORRECT? Select one: a. The nominal yield to maturity is 9.59%, and you would sell each bond for $846 if you think that a "fair" market interest rate (discount rate) for such bonds is 8.67% b. The nominal yield to maturity is 8.67%, and you would sell each bond for $846 if you think that a "fair" market interest rate (discount rate) for such bonds is 5.59% c. The nominal yield to maturity is 8.28%, and you would sell each bond for $846 if you think that a "fair" market interest rate (discount rate) for such bonds is 9.59% d. The nominal yield to maturity is 4.80%, and you would sell each bond for $846 if you think that a "fair" market interest rate (discount rate) for such bonds is 6.67% e. The nominal yield to maturity is 9.59%, and you would sell each bond for $846 if you think that a "fair" market interest rate (discount rate) for such bonds is 10.67\%