A security will make payments of $25 per month for the next 5 years, plus $1000 at maturity. Which of the following is true?

		If the price increases from $1,500 to $1,600 then the yield to maturity will increase.
		If the price increases from $1,500 to $1,600 then the period rate will be more than the nominal rate
		If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.
		If the price increases from $1,500 to $1,600 then the effective rate will increase