Suppose a 3-year, $1,000 bond with a 11.82% coupon rate and annual coupons is trading with a yield to maturity of 9.39%. 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 9.64% (with annual coupons), 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) A. ... at a premium because the coupon rate is greater than the yield to maturity B. .... at par because the coupon rate is equal to the yield to maturity C. .... at a discount because the coupon rate is greater than the yield to maturity D. .... at a premium because the yield to maturity is greater than the coupon rate. b. If the yield to maturity of the bond rises to 9.64% (with annual coupons), at what price will the bond trade? The bond will trade for $ (Round to two decimal places)