19. A bond with a face value of $1,000 matures in 12 years and has a 9 percent semiannual coupon. The bond is selling at $1117.34 today, and it can be called in 4 years at a call price of $1,045. What is the bond's yield to call? a. 6.61% b. 11.36% c. 2.96% d. 9.98% e. 5.68% Which of the following statements is correct? a. All else equal, long-term bonds have less interest rate risk than short term bonds b. All else equal, long-term bonds have more reinvestment risk than short term bonds. c. All else equal, higher coupon bonds have less reinvestment risk than low coupon bonds. d. All else equal, higher coupon bonds have more interest rate risk than low coupon bonds. e. None of the statements above is correct