What is the yield to maturity (YTM) on a 10-year, 9 percent annual coupon, $1,000 par value bond that sells for $887.00? How about it sells for $1,134.20? What does the fact that a bond sells at a discount or at a premium tell you about the relationship between investors' YTM and the bond's coupon rate? How does the calculation for valuing a bond change if semiannual payments are made? Find the value of a 10-year, semiannual payment, a 10 percent coupon bond if investor's required rate of return is 13%