If a bond's price increases its coupon rate will...

a. Decrease.

b. Increase

c. The effect cannot be determined

d. Remain unchanged

If a bond sells at a discount which of the following is true?

a. The bond's face value is less than its price

b. The coupon rate is equal to both the current yield and the yield to maturity

c. The current yield is greater than the market interest rate

d. The yield to maturity is greater than the coupon rate