Yield to maturity The Salem Company bond currently sells for $1.227.50 has a coupon interest rate of 17% and a $1000 per value, pays interest r ally, and has 10 years to maturity Calculate the yield to maturity (VT) on this bond b. Explain the relationship has been the coupon interested and the par value and ma k e of a bond The yield to maturity on this bond is (Round to three decimal places) b. Explain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of a bond. (Select the best answer below.) OA The market value of the bond approaches par value as the time to maturity increases the yield to maturity proaches the coupon interest rate as the time to maturity declines OB. The market value of the bond approaches its par value as the time to maturity declines. The yield to maturity proaches the coupon interest rate as the time to maturity declines. OC. The market value of the bond approaches to par value as the time to maturity dedines. The yield to matc h es the coupon s rate as the time to maturity increases OD. The market value of the bond approaches to par value as the time to maturity Press. The yield to maturity proches the coupon interest rate as the time to maturity increases