Relationship between bonds yield and its coupon rate


Question: Explain why the relationship between a bond's yield and its coupon rate determines whether a bond will be price at par, at a premium or at a discount.

Papers should include a title page, writing, and a reference list.  Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: Relationship between bonds yield and its coupon rate
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