This duesuon: 3 pts Yield to maturity The Salem Company bond currently sells for $935:01, has a coupon interest rate of 9% and a $1000 per value, pays Interest annuely, and has 15 years to maturity Calculate the yield to maturity (YTM) on this bond. 6. Explain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of a bond a. The yield te maturity on this bond is proud to the decimal places) b. Explain the relationship that exists between the coupon interest rate and yeld to maturity and the par value and market value of a bond (Select the best answer below) OA The market value of the bond approaches its pw value as the time to maturity declines. The yield to maturity approaches the coupon Interest rate as the time to maturity declines On The market value of the bond approaches its par valve as the time to maturity increases. The yeld te maturity approaches the coupon interest rate as the time to matury desires OC. The market value of the bond approaches its per le as the time to maturity declines. The yield to maturity approaches the coupon interest rate as the time to maturtynas OD. The market value of the bord approaches its par as the time to matury increases. The yield to matury approaches the coupon states the time to maturity increases