Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) A coupon bond is a pure discount bond.
B) Prior to its maturity date,the price of a zero-coupon bond is always greater than its face value.
C) The simplest type of bond is a coupon bond.
D) Treasury bills are Government of Canada bonds with a maturity of up to 10 years.
E) The amount of each coupon payment is determined by the coupon rate of the bond.