Which of the following statements is FALSE?

Group of answer choices

The coupon rate of a bond is the discount rate that sets the present value of the promised bond payments equal to the current market price of the bond.

The amount of each interest payment of a bond is determined by the coupon rate of the bond.

The coupon rate of a bond is typically expressed as an APR.

The face value of a bond is also known as its par value.

None of these alternatives