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What statement about the yield to maturity (YTM) on a 5-year, 7% coupon rate per annum, annual coupon bond is true? Select one: a. The

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What statement about the yield to maturity (YTM) on a 5-year, 7% coupon rate per annum, annual coupon bond is true? Select one: a. The YTM is equal to the realized compound yield if the bond is held until maturity. O b. The YTM is equal to the realized compound yield if the bond is held until maturity and interest rates increase. c. The YTM is greater than the realized compound yield if the bond is held until maturity and interest rates go down in the future. O d. The YTM is smaller than the realized compound yield if the bond is held until maturity and interest rates go down in the future. e. No statement is true

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