A bound which has a yield to maturity has than its coupon interest rate will sell for a price below par. At par above pa. not enough information A 10-year maturity bond pays 11% coupon has on a face value of $1,000. If required rate of return on similar bonds is 10%. What is the market value of the bond? Use annual analysis. $1,000 $1,061 the longer the time to maturity: the greater the price increase from an increase in interest rates. The less the price increase from an increase in interest rates. The greater the price increase from a decrease in interest rates. The less the price decrease from a decrease in interest rates