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Suppose a seven-year, 51,000 bond with a 5.71% coupon rate and semiannual coupons is trading with a yield to maturity of 3 28% a. Is

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Suppose a seven-year, 51,000 bond with a 5.71% coupon rate and semiannual coupons is trading with a yield to maturity of 3 28% 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 3.35% (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.) O A at a premium because the yield to maturity is greater than the coupon rate OB at par because the coupon rate is equal to the yield to maturity OC. at a discount because the coupon rate is greater than the yield to maturity OD. at a premium because the coupon rate is greater than the yield to maturity

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