You would like to buy a monthly compounding $15-$year, $$1,000$ par value bond. The yiel maturity of this bond is $12$ percent. If the annual coupon rate of the bond is an $8\mathrm{.}5$ perc what is the value of this bond? Is this bond selling at discount or premium? $$757$: Discount $$903$; Discount $$1,225$: Premium $$1\mathrm{.}296$; Premium