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Suppose a seven-year, $1.000 bond with a 7.6% coupon rate and semiannual coupons is trading with a yield to maturity of 6 67% Is this

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Suppose a seven-year, $1.000 bond with a 7.6% coupon rate and semiannual coupons is trading with a yield to maturity of 6 67% Is this bond currently trading at a discount, at par. or at a premium? Explain. If the yield to maturity of the bond rises to 7.07% (APR with semiannual compounding), what price UTD the bond trade for? Is this bond currently trading at a discount at par, or at a premium0 Explain (Select the best choice below) Because the yield to maturity is less than the coupon rate, the bond is trading at a discount Because the yield to maturity is greater than the coupon rate, die bond is trading at a premium Because the yield to maturity is greater than the coupon rate, the bond is trading at par. Because the yield to maturity is less than the coupon rate, the bond is trading at a premium. If the yield to maturity of the bond rises to 7 .07% (APR with semiannual compounding), what price will the bond trade for? the new price of the bond is s

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