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Yield to maturity The relationship between a bond's yield to maturity and coupon interest rate can be used to predict its pricing level. For the

Yield to maturity The relationship between a bond's yield to maturity and coupon interest rate can be used to predict its pricing level. For the bond listed below, state whether the price of the bond will be at a premium to par, at par, or at a discount to par.

Coupon interest rate 7%

Yield to maturity 12%

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