Question $12(0\mathrm{.}8$ points$)$

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Which of the following statements regarding bond pricing is true?

A$)$ Bond's market price is the par value of the bond

B$)$ Par value of the bond is the coupon payment

C$)$ Annual coupon payment is the specified number of dollars of interest paid each year

D$)$ When yield to maturity $($YTM$)$ rises, bond prices will rise, all else the same.Question $12(0\mathrm{.}8$ points$)$

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Which of the following statements regarding bond pricing is true?

A$)$ Bond's market price is the par value of the bond

B$)$ Par value of the bond is the coupon payment

C$)$ Annual coupon payment is the specified number of dollars of interest paid each year

D$)$ When yield to maturity $($YTM$)$ rises, bond prices will rise, all else the same.