Which of the following is most FALSE?

Group of answer choices

a. The tax on zero coupon bonds is less than on regular bonds.

b. Zero coupon bonds pay no interest at all, but are offered at a discount below their par values and hence provide capital appreciation rather than interest income.

c. Foreign bonds have maturity risk.

d. Floating coupon bonds always have a value equal to par.

e. The current yield of a bond cannot be higher than its yield to maturity.