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Regarding bond pricing theorems, which of the statements below is least accurate? Select one: O a. All else equal, if the market rate increases then

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Regarding bond pricing theorems, which of the statements below is least accurate? Select one: O a. All else equal, if the market rate increases then bond prices decrease O b. If the market rate exceeds the coupon rate, then the bond price will be less than par O c. The lower the bond's coupon rate is the less its price will fluctuate when the yield to maturity changes O d. Given two bonds that are identical, the longer its term to maturity the greater its price will fluctuate when the market rate changes O e. There is an inverse relationship between bond prices and market rates Regarding the rights offering process, which statement is generally TRUE? Select one: O a. An investor will not lose wealth if either the investor sells the rights before expiry or exercises the rights O b. An investor will gain wealth directly from exercising the rights O c. An investor will certainly lose wealth regardless of whether the rights are sold or exercised O d. An investor will suffer proportionate ownership dilution if the rights are exercised O e. Any investor may purchase the new shares even without holding the required number of rights

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