A semi-annual coupon bond has a yield of 3% pa. Which of the following statements about the yield is NOT correct? All rates are given to four decimal places. (a) The APR compounding semi-annually is 3.0000% per annum. (b) The effective 6 month rate is 1.5000% per six months. (c) The effective annual rate is 3.0225% per annum. (d) The effective monthly rate is 0.2500% per month. (e) The APR compounding monthly is 2.9814% per annum..