Explain what relationship exists between the coupon interest


Each of the bonds shown in the following table pays interest annually:
Bond: Par Value: Coupon Interest Rate: Years to maturity: Current Value:
A 1,000 9% 8 $820
B 1,000 12 16 1,000
C 500 12 12 560
D 1000 15 10 1,120
E 1,000 5 3 900
1. Determine the yield to maturity YTM for each bond.
2. Explain what relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Discuss in detail. 

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Macroeconomics: Explain what relationship exists between the coupon interest
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