Data reconciliation occurs in two stages, an initial load and subsequent updates

When a bond is bought at a discount price below its par value, the current yield will be higher than the coupon rate

Indicate whether this statement is true or false.

Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a recent year. Suppose a sample of 100 major league players was taken. What was the standard error for the sample mean salary?

A) $12 million B) $0.12 million C) $1,200.0 million D) $0.012 million