Explain correct and incorrect answers

8. Which of the following statements is CORRECT? (6 points) a. All else equal, if a bond's yield to maturity increases, its price will fall. b. A zero coupon bond's current yield is equal to its yield to maturity. c. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at par. d. All else equal, if a bond's yield to maturity increases, its current yield will fall. e. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at a premium over par