Homework: Module 6 Participation Save Score: 0 of 2 pts 6 of 10 (5 complete) HW Score: 50%, 10 of 20... P6-17 (similar to) Question Help Supposo a seven-year, 51,000 bond with a 7.7% coupon rate and semiannual coupons is trading with a yield to maturity of 6.38% a. Is this bond currently trading at a discount, at par, or at a premi Explain b. If the yield to maturity of the bond risen to 7.08% (APR with comiannual compounding), what price will the bond trade for OC. Because the yield to maturity is greater than the coupon rate, the bond is trading at a premium D. Because the yield to maturity is less than the coupon rate, the bond is trading at a promum b. If the yield to maturity of the bond rises to 7.08% (APR with semiannual compounding, what price will the bond trade for? The new price of the bond is $(Round to the nearest cent.) ? Enter your answer in the answer box and then click Check Answer All parts showing Clear All Cheek Amer - Previous Next SATURE DW DO 13 18 Fle = delete 8 O { P. enter . retum