15. Which of the following is false?

A) There is an extremely large number of bond issues in the marketplace but generally low daily volume in single issues traded.

B) Lower coupon rate bonds have more interest rate risk than higher coupon bonds.

C) Finding the YTM for a bond involves the trial-n-error process.

D) Creditors have legal recourse if interest or principal payments are missed.

E) Zero Coupon bonds sell at par value.