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2 . The face value of a coupon bond is 1 0 0 0 $ , the annual coupon rate is c = 1 0

2. The face value of a coupon bond is 1000$, the annual coupon rate is c=10%, the term to maturity for the bond is 10 years, what is the yield to maturity for the following bond price?
a. P =1200 y =?
b. P =1100 y =?
c. P =1000 y =?
d. P =900 y =?
e. P =800 y =?
Draw a chart to show the relationship between yield to maturity and the price of bond. Describe the relationship. Explain when the bond will be priced at premium, when

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