Suppose a seven-year, $1,000 bond with a 7.6% coupon rate and semiannual coupons is trading with a yield to maturity of 6,45% a. Is this band currently trading at a discount, at par, or at a premium? Explain. b. If the yield to maturity of the hond rises to 7,09% (APR with semiannual compounding), what price will the bond trade for? a. Is this bond currently trading at a dincount, ut par, or at a premium? Explain. (Select the best choice below) OA. Because the yield to maturity is less than the coupon rate, the bond is trading at a pesmium. B. Because the yield to maturity is less than the coupon rate, the bond is trading at a discount c. Because the yield to maturity is greater than the coupon rate, the bond is trading at a premium OD. Because tho yield to maturity is greater than the coupon rate, the bond is trading at par