High yield bonds have yield to maturity (YTM), Current yields (CY), and expected returns (ER). The risk free rate is RF. If a high yield bond is selling above par, which is correct? a. CY > YTM > ER > RF Ob.RF > YTM > ER > CY c. YTM > ER > CY > RF d. ER > YTM > RF > CY O e. YTM = ER CYRF O f. Other specify. QUESTION 4 The Equity Premium is regarded by some as a puzzle. What might be causing it? O a. Little green men O b. there is more risk than is apparent c. there is less risk than is apparent. O d. returns include bragging rights, Oe. while cash dividends are included, non-cash distributions such as proxy voting rights are not @f. Other, specify