You are a financial advisor at the bond dealer Mingming, Qiu and FI320 (ya, you read that right). Your client has informed you that she is on the Board of Directors of a company that needs to buy some bonds, but is only allowed to purchase investment grade bonds. You recommend the D-rated bonds of Dry Wells Oil Exploration, Inc., because, although the par value of the bonds is $1000, the current market price is only \$200. Which of the following statements is False? The yield to maturity of these bonds is higher than the coupon rate You made a very good recommendation Your client will not be able to purchase these bonds Investors clearly believe this company is in danger of bankruptcy