A band investor is analyzing the following annual coupon bands: Issuing Company Annual Coupon Rate Smith Enterprises 64 12% Irwin Incorporated Johnson Metalworks 9% Each bond has 10 years until maturity and has the same risk. Their yield to maturity (YTM) is 9%. Interest rates are assumed to remain constant over the next 10 years. Label the curves on the following graph to indicate the path that each bond's price, or value, is expected to follow. BOND VALUES 1200 1100 B 1000 900 300 700 600 0 YEARS TO MATURITY 400 10 B & 4 2 0 YEARS TO MATURITY B Based on the preceding Information, which of the following statements are true? Check all that apply. Smith's bonds have the highest expected total return. The expected capital gains yield for Irwin's bonds is greater than 12%. The expected capital gains yield for Irwin's bonds is negative. The bonds have the same expected total return Smith just registered and issued its bonds, which will be sold in the bond market for the first time. Smith's bonds would be referred to as