7. Which statement is true?

(A)For discount bonds, the yield to maturity is greater than the current yield

(B) For discount bonds, the current yield is less than the coupon rate

(C) Floating rate bonds have greater interest rate risk than fixed rate bonds

(D)(A) and (B)

(E) (B) and (C)

8. Which statement is true, assuming the bond yield remains unchanged?

(A) As the time goes on, bond prices are approaching to the par value

(B) Assuming the yield does not change, discount bonds price increases over time

(C) As a bond price goes up, its yield to maturity also goes up.

(D) (A) and (B)

(E) (A), (B), and (C)