Question: When a bond's yield to maturity is different from the bond's coupon rate, the bond price will be either higher or lower than its face

When a bond's yield to maturity is different from the bond's coupon rate, the bond price will be either higher or lower than its face value. In the case of a premium bond where the bond price is higher than its face value, what is the observation of its yield to maturity relative to its coupon rate? O The yield to maturity is lower than the coupon rate. O We cannot compare the bond's yield to maturity to its coupon rate because we don't know the exact bond price. o The yield to maturity is the same as the coupon rate. The yield to maturity is higher than the coupon rate

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