Suppose a seven-year, $1 000 bond with an 8.2% coupon rate and semi-annual coupons is trading with a yield to maturity of 6.43%. a. Is this bond currently trading at a discount, at par or at a premium? Explain. b. If the yield to maturity of the bond rises to 7.18% (APR with semi-annual compounding), what price will the bond trade for? a. Is this bond currently trading at a discount, at par or at a premium? Explain. A. Because the yield to maturity is less than the coupon rate, the bond is trading at a premium. B. Because the yield to maturity is greater than the coupon rate, the bond is trading at a premium. C. Because the yield to maturity is less than the coupon rate, the bond is trading at a discount. D. Because the yield to maturity is greater than the coupon rate, the bond is trading at par. b. The new price of the bond is $ . (Round to the nearest cent.)