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A 12% bend of Alpha Company with 15 year to maturity is selling in the market for $955, it has a $1,000 par value and

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A 12% bend of Alpha Company with 15 year to maturity is selling in the market for $955, it has a $1,000 par value and pays interest annually. a. Calculate the both bond's yield to maturity (YTM). 6. If your required rate of return is 12% would you buy this bend or not. 6. Describe the relationship between the coupon rate and yield to maturity and market value of a band

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