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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

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.

Bond Coupon Rate Yield Rate
A 8.80% 8.65%
B 9.80 10.00
C 6.00 6.00
D 4.70 5.00
E 10.40 10.20

dentify whether each bond was sold at a discount, at its par value, or at a premium.

Bond Bond sold at a:
A AnswerDiscountPremiumPar value
B AnswerDiscountPremiumPar value
C AnswerDiscountPremiumPar value
D AnswerDiscountPremiumPar value
E AnswerDiscountPremiumPar value

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