If the yield to maturity and coupon rate are the same, then the bond price will be equal to the par value of the bond.

Name: If the yield to maturity and coupon rate are the same, then the bond price will be equal to the par value of the bond.
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Question

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When the yield to maturity (YTM) is equal to the coupon rate, the bond will sell at its par value because the return expected by investors matches the interest payments promised by the bond, making its current price equal to its nominal value.

If the Yield to Maturity and Coupon Rate Are the Same