A bond investor is analyzing the following annual coupon bonds: Annual Coupon Rate 6% Issuing Company Smith Corporation Irwin Incorporated Johnson, LLC 12% 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. BOND VALUE ($1 1200 A 1100 B 1000 900 800 700 600 10 8 6 4 2. 0 YEARS TO MATURITY Using the previous information, correctly match each curve on the graph to it's corresponding issuing company. (Hint: Each curve indicates the path that each bond's price, or value, is expected to follow.) Curve A Curve B Irwin Incorporated Johnson, LLC Smith Corporation Curve C Based on the preceding information, which of the following statements are true? Check all that apply. Irwin Incorporated's bonds are a better investment than Smith Corporation's bonds. Johnson, LLC's bonds are a better investment than Irwin Incorporated's bonds. All of the bonds will have the same value when they reach maturity. a newly issued The expected capital gains yield for Smith Corporation's bonds is positive. an outstanding If a bond is selling for a price much lower than its par value, it is most likely that the bond is bond