Which one of the following statements is true? The coupon rate on a par value bond wil exceed the bond's yield-to-maturity The yield to maturity of a bond priced at a premium exceeds the band's coupon rate. The yield to maturity of a bond priced at a premium is equal to the bond's coupon rate. A bond priced at a discount has a yield to maturity that equals the bond's coupon rate. A bond priced at a discount has a coupon rate that is less than the bond's yield-to-maturity QUESTION 32 From the perspective of an investor that is seeking to maximize her return over a medium-term Investment horizon, which one of the following investment returns seems more advantageous? 6 percent interest, compounded monthly 7 percent interest, compounded monthly 5 percent simple interest. 6 percent interest, compounded semi-annually. 7 prent simple interest