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11 Which of the following statements is/are true? 1. The yield to maturity on a bond trading at a premium exceeds the bond's coupon rate.

image text in transcribed 11 Which of the following statements is/are true? 1. The yield to maturity on a bond trading at a premium exceeds the bond's coupon rate. II. A bond trading at a discount has a coupon rate that is less than the bond's yield to maturity. III. A bond with a coupon rate of 10% with semi-annual payments trading at a YTM of 9% will trade at a market price that is above par.. OA. I only OB. II only OC. I and II only OD. I, II and III OE. II and III only

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