Which of the following is FALSE? The price of long-term bonds fluctuates more than the price of short-term bonds for a given change in interest rates (assuming that the coupon rate is the same for both) The higher the investor's required rate of return on a bond, the lower will be the value of the bond to the investor. A change in the current yield always signals change in the same direction as the yield to maturity. A zero coupon bond (that is a bond with no coupon payments, i.e., annual coupon rate is zero) is always sold at premium