1. When the current yield and the coupon rate are equal, the bond is:

   		purchased at a discount.
   		purchased at a price that equals the face value.
   		a zero-coupon bond.
   		purchased at a price that exceeds its face value

2. Bond prices and yields:

   		move together in the same direction.
   		do not change if the coupon is fixed.
   		move together inversely.
   		are independent of each other.