You would like to buy a quarterly compounding 14-year, $1,000 par value bond. The annual coupon rate on this bond is 11 percent. If the current yield to maturity of the bond is a 9 percent, what is the value of this bond? After one year, would it be higher or lower than the current value of the bond? O $720; Lower O $1,158; Lower O $1,101; Higher O $1,152; Higher You would like to buy a monthly compounding 15-year, $1,000 par value bond. The annual coupon rate on this bond is 12 percent. If the current yield to maturity of the bond is an 8.5 percent, what is the value of this bond? Is this bond selling at discount or premium? O $1,296; Premium O-$1,293; Discount O $1,293; Premium O $1,296; Discount You would like to buy a quarterly compounding 10-year, $1,000 par value bond. The annual coupon rate on this bond is 8% percent. If the current yield to maturity of the bond is an 8 percent, what is the value of this bond? O $1,000 O - $1,000 O $875 O $1,149