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please answer this and provide working, thank you!! b. Describe the relationship between (1) a bond's yield to maturity (YTM) and its coupon rate; and
please answer this and provide working, thank you!!
b. Describe the relationship between (1) a bond's yield to maturity (YTM) and its coupon rate; and (2) the par value and market value of a bond. Use a diagram to support your answer. 4 marks c. For each of the bonds listed below, compute the bond price and state whether each price will be at a premium to par, at par, or at a discount to par. 2 marksStep by Step Solution
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