A corporate bond with a 6 percent coupon was issued last year. Which one of these would apply to this bond today if the current yield to maturity is 7 percent?
A) The bond is currently selling at a premium.
B) The coupon rate has increased to 7 percent.
C) The bond is selling at par value.
D) The current yield exceeds the yield-to-maturity.
E) The current yield exceeds the coupon rate.