Yield to maturityThe 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: 8%

Yield to maturity: 11%

a. The bond sells at par.

b. The bondsells at a premium to par.

c. The bond sells at a discount to par.