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QUESTION 2 Which of the following statements about bond is incorrect? A. The longer the maturity, the more sensitive the bond's price to changes in

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QUESTION 2 Which of the following statements about bond is incorrect? A. The longer the maturity, the more sensitive the bond's price to changes in yield to maturity. B. For a premium bond, the coupon rate is smaller than current yield. C. The relationship between bond prices and yields to maturity is inverse. D. The relationship between bond prices and yields to maturity is convex. E. Yield to maturity assumes that all bond coupons can be reinvested at the same level of yield to matur

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