The relationship between a bond's yield to maturity and coupon interest rate can be used to predict its pricing level. For the bond listed below, state whether the price of the bond will be at a premium to par, at par, or at a discount to par.

Coupon Interest Rate Yield to Maturity

11% 10%

What is the price of the bond in relation to its par value

a) the bond sells at discount to par

b) The bond sells at a premium to par

c) the bond sells at par