Q7. (20 marks) Golden Corporation's Statement of Financial Positions shows a long-term bond of $50,500,000. The bonds have a 6% coupon rate, payable semiannually, and a par value of $1,000. They mature 10 years from today. The yield to maturity is 10%. a) Is this a discount or premium bond? (6 marks) b) What is the current market value of the firm's bond? (5 marks) c) Calculate the current yield of the bond. (4 marks) d) If the yield to maturity remains at 11%, what will be the price of the bond one year from now? (5 marks)