a. What is the relationship between the price of a bondand its YTM?b. Explain wh

a. What is the relationship between the price of a bondand its YTM?b. Explain why some bonds sell at a premium over parvalue while other bonds sellat a discount. What do you know about the relationship between thecoupon rateand the YTM for premium bonds? What about for discount bonds? Forbondsselling at par value?c. What is the relationship between the current yieldand YTM for premium bonds?For discount bonds? For bonds selling at par value?