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Which one of the following statements is false?
Group of answer choices
The yield to maturity on a par bond is equal to the bond’s coupon rate.
A premium bond has a yield to maturity that exceeds the bond’s coupon rate.
The current yield on a premium bond is more than the bond’s yield to maturity.
A discount bond has a coupon rate that is less than the bond’s yield to maturity.
The current yield on a par value bond is equal to the bond’s yield to maturity
