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6) 6) If the coupon rate on an outstanding bond is lower than the relevant current interest rate, then the yield to maturity will be:

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6) 6) If the coupon rate on an outstanding bond is lower than the relevant current interest rate, then the yield to maturity will be: A) higher than the coupon rate. B) equal to the coupon rate. C) lower than the coupon rate. D) lower than current interest rates. 7) 7) The return to bondholders is guaranteed to equal the yield to maturity only if the bond is held until maturity, A) True -B) False

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