Answer:
The yield to maturity for a coupon bond that sells at its par value consists of an interest yield and expected capital gains yield.
Explanation: A bond is a Financial instrument that enables Organisations or government to borrow money from the investing public to pay at a later date which is known as the maturity date,bonds are usually issued in order to finance certain projects which are expected to yield profits or benefits in the future.
A COUPON BOND IS A DEBT INSTRUMENTS WITH COUPON ATTACHED TO IT, IN THIS TYPE OF BOND THE OWNER OF THE BOND IS NOT KNOWN TO THE ISSUER. If a bond is priced at par, then the yield to maturity of the bond is equal to the bond's interest rate.