Suppose a seventyear $1,000 bond with a 554 \% coupon rale and semiannual coupons is trading with a yield to maturity of 315% a. Is this bond currenty trading at a dscount ot par or at a premum? Explat b. If tha yekd to maturity of the bond rees to 3.27 . (APR with semannual compound nig) at what price will the bond trade? a. Is this bond curtency trading at a discount at par or at a premum? Explain The pond itcurrently trading (Seloct tise best choice below) A. at par because the coupon tate is equal to the yield to malutity B. ul a discount because the coupon rate is greater than the yield to maturity C: M a prermitm because the yeid io maturity is greater than the counon rate D. at a peequism because the cocipon rate is greater than the yolid to matuaty b. If the yield to matunty of the bond rises to 3.37N (APR with semvannuaf compounding). at what price will the bond trade? The bond will fride for s (Round io two decmal places)