Question content area top

Part $1$

Which of the following bonds is trading at a$$ premium? a$.$ a $15$minusyear bond with a$$ $$10,000$ face value whose yield to maturity is$8\mathrm{.}0\%$ and coupon rate is$7\mathrm{.}8\%$ APR paid semiannually b$.$ a tenminusyear bond with a$$ $$4,000$ face value whose yield to maturity is$6\mathrm{.}0\%$ and coupon rate is$5\mathrm{.}9\%$ APR paid semiannually c$.$ a fiveminusyear bond with a$$ $$2,000$ face value whose yield to maturity is$7\mathrm{.}0\%$ and coupon rate is$7\mathrm{.}2\%$ APR paid semiannually d$.$ a twominusyear bond with a$$ $$50,000$ face value whose yield to maturity is$5\mathrm{.}2\%$ and coupon rate is$5\mathrm{.}2\%$ APR paid monthly