A 12-year bond has an annual coupon rate of 996. The bond has a yield to maturity of 7%. Clearly STATE which of the choice(s) is/are CORRECT and which are INCORRECT? If a statement is incorrect, you must briefly explain why. (Note: You can write several full sentences in the answer boxes but keep the explanations to 5-30 words). a. If market interest rates decline, the price of the bond will also decline. b. The bond is currently selling at a price below its par value. c. If market interest rates remain unchanged, the bond's price exactly one year from now will be lower than it is today d. The bond should currently be selling at its par value e. If market interest rates remain unchanged, the bond's price exactly one year from now will be higher than it is today