D Question 9 3 pts Bond C offers an 11 annual coupon and has

D Question 9 3 pts Bond C offers an 11% annual coupon and has 6 years to maturity. If the annual required return on the bond is 13.6%, what is the relative price and yield to maturity (YTM) of the bond if it is priced correctly? 0 Price > $1000; YTM-13.6% 0 Price

Answer is Price < 1000,YTM=13.6%

When bond Coupon Payment is less than the reqiored return of 13.6% the bond price will less than the face valie (issued at discount)