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

Coupon interest rate Yield to maturity

10% 12%

What is the price of the bond in relation to its parvalue?

A. The bond sells at apremiumtopar.

B. The bond sells at par.

C. The bond sells at adiscounttopar.

All the information is there.