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Which of the following statements are false? 1. If the market rate is greater than the coupon rate, bonds will be sold at a premium.

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Which of the following statements are false? 1. If the market rate is greater than the coupon rate, bonds will be sold at a premium. 2. Nominal interest rates are generally higher than real interest rates. 3. All else being equal convertible bonds are priced at a lower YTM than ordinary bonds. 4. Bonds sold at a discount always offer higher returns than bonds sold at a premium. Statement one (1) is false. Statement two (2) is false. Statement three (3) is false. 0 0 Statement four (4) is false

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