The Sisyphean Company has a bond outstanding with a face value of

$ 1 comma 000$1,000

that reaches maturity in

99

years. The bond certificate indicates that the stated coupon rate for this bond is

9.89.8%

and that the coupon payments are to be made semiannually.Assuming the appropriate YTM on the Sisyphean bond is

7.67.6%,

then this bond will trade at

A.

a discount.

B.

par.

C.

a premium.

D.

none of the above