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Which of the following statements is FALSE? A. As interest rates and bond yield rise, bond prices will fall. B. When a bond is trading

Which of the following statements is FALSE?

A.

As interest rates and bond yield rise, bond prices will fall.

B.

When a bond is trading at a discount, it indicates that coupon rate is higher than the yield to maturity.

C.

When a bond trades at a price equal to its face value, it is said to trade at par.

D.

Ultimately, the prices of all bonds approach the bond's face value when the bonds mature and their last coupon is paid.

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