Suppose a seven-year, $1,000 bond with a 5.21% coupon rate and semiannual coupons is trading with a yield to maturity of 3.56% 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 3.75% (APR with semiannual compounding), 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 yield to maturity is greater than the coupon rate B. at a premium because the coupon rate is greater than the yield to maturity C. at a discount because the coupon rate is greater than the yield to maturity D. at par because the coupon rate is equal to the yield to maturity