A. If current interest rates are above the fuxed coupon rate of a bond, that bond will sell at a premium. B. Zero coupon bonds pay no annual interest and are issued at a premium to their par value. C. A fixed-rate bond will sell at a premium when its coupon interest rate is equal to the going rate of interest, kd. D. The price of an existing bond moves in the same direction as interest rates (i.e. if interest rates rise, bond prices ako rise). E. If a corporation's bonds are selling at a discount, then the YTC is probsbly not the expected return for the investor. A. If current interest rates are above the fuxed coupon rate of a bond, that bond will sell at a premium. B. Zero coupon bonds pay no annual interest and are issued at a premium to their par value. C. A fixed-rate bond will sell at a premium when its coupon interest rate is equal to the going rate of interest, kd. D. The price of an existing bond moves in the same direction as interest rates (i.e. if interest rates rise, bond prices ako rise). E. If a corporation's bonds are selling at a discount, then the YTC is probsbly not the expected return for the investor