Question: 1 5 . 1 6 . 1 7 . 1 8 . 1 9 . 2 0 . Question Workspace Which of the following statements

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Question Workspace
Which of the following statements is CORRECT?
a. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at a premium over par.
b. A zero coupon bond's current yield is equal to its yield to maturity.
c. All else equal, if a bond's yield to maturity increases, its price will fall.
d. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at par.
e. All else equal, if a bond's yield to maturity increases, its current yield will fall.

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