Which of the following statements is most correct?
a) If a 6% annual coupon bond is currently traded at $1150, the YTM of the bond should be larger than 6%.
b) If a bond with a discount rate of 10% is currently traded at $1050, the coupon rate should be smaller than 10%.
c) If the YTM for a 9% annual bond is 7%, the bond should be traded at discount.
d) If the discount rate for a 12% annual coupon bond is 15%, the bond should be traded at discount.
e) If the intrinsic value a bond is $1145 and the bond is currently traded at $1250, an investor should buy this bond.