7) Cassel Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 8% on these bonds, they will be priced at A) a premium to par value. B) a discount to par value. C) par value. D) cannot be determined from information given. TRUE/FALSE. Write ' T ' if the statement is true and ' F ' if the statement is false. 8) Bonds cannot be worth less than their face value. 9) The better the bond rating, the lower the rate of return demanded in the capital markets