I need help solving part B

W P6-17 (similar to) Suppose a seven-year, 51,000 bond with an 8.1% coupon rate and semiannual coupons is trading with a yield to maturity of 6.57%. a. Is this band currently trading at a discount, at par, or at a premium? Explain. b. If the yield to maturity of the bond rises to 7 26% (APR with semiannual compounding), what price will the bond trade for? a. Is this bond currently trading at a discount, at par, or at a premium? Explain (Select the best choice below.) O A. Because the yield to maturity is greater than the coupon rate, the bond is trading at a premium. OB. Because the yield to maturity is less than the coupon rate, the bond is trading at a discount C. Because tha yold to maturity is less than the coupon rate, the bond is trading at a premium OD Because the yold to maturity is greater than the coupon rate, the bond is trading at par b. If the yield to maturity of the bond rises to 7.26% (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 A