If a coupon bond has two years to maturity, a coupon rate of $9\%,$ a par value of $$900,$ and a yield to maturity of $14\%,$ then the coupon bond will sell for $$,($Round your response to the nearest two

decimal place$)$

The price of a bond and its yield to maturity are

Which of the following statements is not true?

A$.$ Bond prices vary proprtionately with the interest rate for both coupon bonds and discount bonds.

B$.$ The coupon rate on a coupon bond is fixed once the bond is issued.

C$.$ The longer to maturity, the greater is the change in the price of a bond from the same size change in the interest rate.

D$.$ Current yield is a better approximation of yield to maturity for long$-$term bonds when compared to short$-$term bonds.