1. As compared to bonds selling at par, the same series of bonds selling at a discount will have yields that are:
a. higher
b. the same
c. lower
d. cannot be determined without the coupon rate
2. The market value of a common stock decreases in value but the company's management decides to make no change in dividends paid. The current annual dividend yield will:
a. increase
b. remain the same
c. decrease
d. cannot be determined