what is the bond price?

(Continuing from problem 6) Suppose right after you buy the bond, the market based YTM immediately decreases to 7%. Calculate the gain or loss on your bond. If you have a gain of $100, then just input 100 . If you have a loss of $100, then input -100 to indicate a loss. Instruction: Type ONLY your numerical answer in the unit of dollars, NO \$ sign, and round to the nearest integer. E.9, if your answer is \$1,001.56, should type ONLY the : Consider a ten-year, $1000 bond with an 6% coupon rate and annual coupons is trading with a YTM of 8%. Its bond price is $ Instruction: Type ONLY your numerical answer in the unit of dollars, NO \$ sign, and round to one decimal places. E.g., if your answer is \$1. 1002. Otherwise, Blackboard will treat it as a wrong answer. (Continue from problem 6 ) The bond in the problem 6 is trading A. at a discount B. at par C. at a premium D. cannot be determined