Question: Which statement regarding bond yields is FALSE? a . A zero coupon bond's current yield is equal to zero. b . If a bond's yield

Which statement regarding bond yields is FALSE?
a. A zero coupon bond's current yield is equal to zero.
b. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at premium.
c. All else being equal, if a bond's yield to maturity decreases, its price will increase.
d. If the yield to maturity is equal to the coupon rate, a bond will sell at its par value.

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