rtner Offers Remember, a bond's coupon rate partially determines the interest-based return that a bond reflects the return that a bondholder to receive from a given investment. pay, and a bondholder's required return intal Options llege Success Tips reer Success Tips elp The mathematics of bond valuation imply a predictable relationship between the bond's coupon rate, the boncholder's required return, the bond's par value, and its intrinsic value. These relationships can be summarized as follows: When the bond's coupon rate is equal to the bondholder's required return, the bond's intrinsic value wil equal its par value, and the bond will trade at par When the bond's coupon rate is greater than the bondholder's required return, the band's intensie valve will par value, and the bond will trade at a premium . When the bond's coupon rate is less than the bondholder's required return, the bond's intrinsic value will be less than its par value, and the bond will trade at we Feedback ES