1- Which of the following statements is correct?
A-Short-term bonds have more price risk than long-term bonds.
B-High coupon rate bonds have more price risk than low coupon rate bonds.
C-Long-term bonds have more price risk than short-term bonds.
D-Low coupon rate bonds have less price risk than high coupon rate bonds.
2-The current yield on a bond is equal to the annual interest divided by which one of the following?
A-Issue price
B-Face amount
C-Current market price
D-Current par value