Bond X has a 7 percent coupon rate and a maturity of five years. On Monday, the prevailing market rate for similar bonds is 7 percent, but on Tuesday, it declines to 6.8 percent. As of Tuesday, O Bond X will become a premium bond and its price will decrease. Bond X will become a premium bond and its price will increase. O Bond X will become a discount bond and its price will decrease. O Bond X will become a discount bond and its price will increase.