Suppose a seven-year, $1,000 bond with a 5.54% coupon rate and semiannual coupons is trading with a yield to maturity of 315%. a. Is this bond currentiy trading at a discount, at par, or at a premuim? Explain b. It the yield to maturity of the bond rises to 3.37% (APR with semannual 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 bolow.) A. at par because the coupon rate is equal to the yieid to maturity B. at a discount because the coupon rate is greater than the yield to maturity C. at a premum because the yiold to maturity is greater than the coupon rate D. at a premium because the coupon rato is greater than the yield to maturity b. If the yield to maturity of the bond rises to 3.37% (APR with semiannua/ compounding), at what price will the bond trado? The bond will trade for $ (Round to two docimal placos.)