Question: 0 - 1 0 2 _ INTRODUCTION TO FINANCE ( SECOND S Which one of the following relationships is stated conrectly? Befonet ent a .

0-102_INTRODUCTION TO FINANCE (SECOND S
Which one of the following relationships is stated conrectly?
Befonet ent
a. The coupon rate exceeds the current yield when a bond sells at a discount.
b. The call price must equal the par value.
A decrease in market rates increases the market price of a bond.
d. Increasing the time to maturity increases the price of a discount bond, all else constant.
e. Increasing the coupon rate decreases the current yield, all else constant.
0 - 1 0 2 _ INTRODUCTION TO FINANCE ( SECOND S

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