A bond investor is analyzing the following annual coupon bonds:

Issuing Company	Annual Coupon Rate
Smith Corporation	6%
Irwin Incorporated	12%
Johnson, LLC	9%

Each bond has 10 years until maturity and the same level of risk. Their yield to maturity (YTM) is 9%. Interest rates are assumed to remain constant over the next 10 years.

Using the previous information, correctly match each curve on the graph to its corresponding issuing company. (Hint: Each curve indicates the path that each bonds price, or value, is expected to follow.)

Curve A
Curve B
Curve C