WHICH OF THE FOLLOWING STATEMENTS IS CORRECT

29. Which of the following statements is correct? A) All else equal, if a bond’s yield to maturity increases, its price will increase. B) All else equal, if a bond’s yield to maturity increases, its current yield will fall. C) If a bond’s yield to maturity exceeds the coupon rate, the bond will sell at a premium. D) All of the answers above are correct. E) None of the answers above is correct.