Which of the following statement(s) is/are true? O a. A high coupon bond is less interest rate sensitive than a low coupon bond Ob. The coupon rate will be more than the yield to maturity when a bond sells at a discount . All statements are NOT true O d. The yield to maturity will be greater than the coupon rate when a bond is selling at a premium Oe. All statements are true Mar Lucy wants to borrow $500,000 from Royal Bank of Canada: 30-years mortgage with an interest rate of 6% (the term is 5 years). Which of the following is correct? 1. As the term of a mortgage increases, holding interest rates constant, monthly payments will increase. II. As the interest rate of a mortgage increases, holding number of payments constant, monthly payments will increase. III. As monthly payments made increase, holding the interest rate constant, the number of remaining payments will decrease. D O a. Only II and III are correct O b. Only I and II are correct O c. All statements are correct O d. Only I and III are correct . None of statements is correct