Question 14 (3.03 points) Which of the following statements is the most INCORRECT? 1) All else equal, secured debt has a higher coupon rate than debenture. 2) All else equal, a bond with a sinking bond has lower default risk. 3) Registered form and semi-annual payments are commonly associated with corporate bonds issued in the U.S. 4) A bond is sold at par when YTM equals coupon rate