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please answer a and b Suppose a seven-year, $1,000 bond with a 8.28% coupon rate and semiannual coupons is trading with a yield to maturity

please answer a and b
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Suppose a seven-year, $1,000 bond with a 8.28% coupon rate and semiannual coupons is trading with a yield to maturity of 7.06% a. Is this bond currently trading at a discount, at par, or at a premuim? Explain b. If the yield to maturity of the bond rises to 7.51% (APR with somiannual compounding), at what price will the bond trade? a. Is this bond currently trading at a discount, at par, or at a premuim? Explain. The bond is currently trading... (Select the best choice below) at a discount because the coupon rate is greater than the yield to maturity ... at a premium because the coupon rate is greater than the yield to maturity at par because the coupon rate is equal to the yield to maturity ... at a premium because the yield to maturity is greater than the coupon rate A B. C. D

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