16. The yield to maturity on a bond a. is fixed in the indenture b. is lower for higher risk bonds c. is the required return on the bond d. is generally equal to the coupon interest rate 17, Cassel Corp. bonds pays an annual coupon rate of 10%. If investors' required rate of return is now 8% on these bonds, they will be priced at a. par value b. a premium to par value c. a discount to par value d. cannot be determined from information givern huw 8 ). given 18. The discount rate used to value a bond is @ the coupon interest rate b. determined by the issuing company c. fixed for the life of the bond d) the market rate of interest