$($b$)$ SOM bonds have a par value of RM$1,000.$ The bonds pay RM$40$ in interest every six months and will mature in $10$ years.

$($i$)$ Calculate the price if the yield to maturity on the bonds is $7,8,$ and $9$ percent respectively.

$[6$ markah$/$marks $]$

$($ii$)$ Compute the coupon rate on the bonds.

$[2$ markah$/$marks $]$

$($iii$)$ Explain how does the relationship between the coupon rate and the yield to maturity and determine how a bond's price will compare to its par value?