Coupon Rates, Yield Rates, and Bond Issuance Prices. The relation between a bonds coupon rate and

yield rate is known to influence a bonds issuance price. Presented below are coupon rates and yield rates

for a selection of corporate bonds. Identify whether each bond was sold at a discount, at its par value, or at a premium, and explain why.

Bond_______Coupon Rate ______Yield Rate

A ........................ 7.35% ___________7.55%

B ........................ 8.9 ______________8.0

C........................ 5.0 ______________5.0

D ........................ 3.5______________ 3.4

E ........................ 8.8 ______________9.2