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Which of the following statements about the relationship between a bonds current price and YTM is incorrect? A. If the YTM is the same as
Which of the following statements about the relationship between a bonds current price and YTM is incorrect?
A. If the YTM is the same as the bonds current yield, then the current price of the bond should be at par.
B. If the coupon rate is greater than the YTM, the bond should be selling above par.
C. If the YTM goes below the coupon rate, the bond price is greater than $1,000.
D. If the bond price is below par, the YTM must be greater than the coupon rate.
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