The par value of a bond is less than its current price. Which one of the following applies to this bond?

--the answer for #1 I got was $44.21 decrease & it was incorrect.

The par value of a bond is less than its current price. Which one of the following applies to this bond?

--- I put yeild to maturity is greater than the coupon rate & that was incorrect

Question 1 6 pts A 4.25% coupon rate bond with 5 years left to maturity has a par value of $1,000. What is the change in the price of this bond if its yield to maturity rises from 3.75% to 4.75%? $22.31 increase $44.21 increase $44.21 decrease $44.63 decrease Question 2 6 pts The par value of a bond is less than its current price. Which one of the following applies to this bond? Yield to maturity is less than the coupon rate. Currently selling at par. Yield to maturity is greater than the coupon rate. Yield to maturity is equal to the coupon rate