Which One of the Following Sentences Is Correct Concerning Fixed-Income

Multiple Choice

Which one of the following sentences is correct concerning fixed-income securities?

A) The coupon rate on a fixed-income security is equal to the current yield.
B) The price of a fixed-income security is inversely related to the current yield.
C) Fixed-income securities are default free.
D) Fixed-income securities tend to be more liquid than money market securities.
E) Fixed-income securities include all debt instruments issued by the U.S. government.