Buy Inc. bonds are selling at par value, with a coupon rate of 9%. The bonds are going to mature in 14 years. Coupons paid annually. If prevailing interest rates of related companies increase, which of the following is correct?

Multiple answers may be chosen:

a) Coupon rate will increase

b) Yield to maturity will be lower than 10%

c) current yield will be higher than the coupon rate

d) the bond will become a discount bond