You have always been interested in buying bonds in a company you admire. You have been a long-time customer of Adidas and are thinking of investing. The bonds are 20 year bonds that were issued 4 years ago. The price is currently $1,200. The coupon rate on these annual bonds is 6.5%. a.) What is the YTM on this bond? b.) Is the bond a premium or a discount bond? c.) How did you tell whether it was a premium bond or a discount bond?