mahal.com Course Home Do Homework Chapter Door FIN 311 Summer 2021 came Homework: Chapter 6 Score: 0 of 3 pts 6 of 10 completely P6-21 (similar to) Yield to maturity The Salem Company bond currently sells for $636.72, has a coupon interest rate of 6% and a 51000 pw Un, pays interest armowy, and has 16 years to maturity a. Calculate the yield to maturity (YTM) on this bond b. Explain the relationship that exists between the coupon interest rate and yield to motivity and the par value and market value of a bond, a. The yield to matunity on this bond is (> (Round to three decimal places) Enter your answer in the answer box and then click Check Answer 1 par romaining