Question: 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

Yield to maturity The relationship between a bond's yield to maturity

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 11% Yield to maturity 11% What is the price of the bond in relation to its par value? (Select the best answer below.) A. The bond sells at a premium to par. B. The bond sells at par. C. The bond sells at a discount to par

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