MetaThe Sisyphean Company has a bond outstanding with a face value of $$5,000$ that reaches maturity in $5$ years. The bond certificate indicates that the stated coupon rate for this bond is $8\mathrm{.}9\%$ and that the coupon payments are to be made semiannually.

Assuming the appropriate YTM on the Sisyphean bond is $7\mathrm{.}4\%,$ then this bond will trade at$\_\_\_\_\_\_\_\_.$

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Part $1$

A$.$

a premium

B$.$

par

C$.$

a discount

D$.$

none of the above