Bond Prices, Coupons and YTMs A $1,000 par bond has a 9% coupon and a 7% ytm. This bond must sell Multiple Choice at its par value at a premium for the same value as last year's price at a discount Yield to Call Find the yield to call for a 8% coupon, $1,000 par 15 year bond selling at $978.64 if the bond is callable in 7 years at a call price of $1,080. The bond makes semiannual coupon payments. Multiple Choice 8.27% 8.12% 8.52% 9.26%