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Is the bond currently trading at a discount

Question:

Suppose a seven-year, $1000 bond with an 8% coupon rate and semiannual coupons is trading with a yield to maturity of 6.75%. Is this bond currently trading at a discount, at par, or at a premium? Explain. If the yield to maturity of the bond rises to 7.00% (APR with semiannual compounding), what price will the bond trade for? Please show in excel.

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Finance Basics: Is the bond currently trading at a discount

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