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Which of the following statements is FALSE regarding bonds? a. If the par value is lower than the market price, then the yield-to-maturity must be
Which of the following statements is FALSE regarding bonds? a. If the par value is lower than the market price, then the yield-to-maturity must be lower than the coupon rate. O b. If the market price is lower than the par value, then the coupon rate must be lower than the YTM. O c. If the bond sells at a premium (above $1000), then the coupon rate must be higher than the YTM. O d. Both A and B are false. O e. None of the above is false
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