What is the YTM if the price of the bond is $600 ? What is the YTM if the price of the bond is $1000 ? What is the YTM if the price of the bond is $1200 ? What is the relationship between the price of a bond and its yield to maturity or total return? A. There is no relationship because yields to maturity are fixed at the time the bond is issued. B. As the bond price increases, the yield to maturity decreases. C. As the bond price increases, the yield to maturity increases. D. The bond price is exactly equal to the yield to maturity times the face value. When the bond sells at less than face value, we say it is selling at a discount. When will a coupon bond sell at a discount? A. When the coupon rate offered is less than the yield to maturity. B. When the bond approaches maturity. C. When the coupon rate equals the yield to maturity. D. When the coupon rate offered is more than the yield to maturity