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Three years ago, SwitchBack Inc. issued 10-year, 8% coupon bonds. At the time of issuance, Darrel bought one of these bonds at par value. Today,

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Three years ago, SwitchBack Inc. issued 10-year, 8% coupon bonds. At the time of issuance, Darrel bought one of these bonds at par value. Today, the bonds sell at a price of $947.99. How does Darrel's rate of return compare to the yield to maturity (YTM) today? Darrel's rate of return YTM

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