Relationship in bond yield to maturity-coupon interest rate

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Yield to maturity. The relationship between a? bond's yield to maturity and coupon interest rate can be used to predict its pricing level. For the bond listed? below, state whether the price of the bond will be at a premium to? par, at? par, or at a discount to par.

Coupon interest rate

Yield to maturity

77?%

99?%

What is the price of the bond in relation to its par? value? ?(Select the best answer? below.)

A. The bond sells at parpar.

B. The bond sells at a discount to para discount to par.

C. The bond sells at a premium to para premium to par.

Reference no: EM131967588

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