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Suppose a seven-year, 51,000 bond with a 7.6% coupon rate and semiannual coupons is trading with a yield to maturity of 6.33% a. Is this

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Suppose a seven-year, 51,000 bond with a 7.6% coupon rate and semiannual coupons is trading with a yield to maturity of 6.33% a. Is this bond currently trading at a discount, at par, or at a premium? Explain b. If the yield to matunity of the bond rises to 736% (APR with semiannual compounding), what price will the bond trade for? a. Is this tond currently trading at a discount, at 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 premium OB. Because the yield to maturity is greater than the coupon rate, the bond is trading at par OC. Because the yield to matunty is greater than the coupon rate the bond is trading at a premium OD. Because the yield to matunity is less than the coupon rate, the bond is trading at a discount

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