Annual Coupon Rate 6% Issuing Company Johnson Incorporated Smith, LLC Irwin Corporation 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 VALUES 1200 1100 B 1000 900 800 700 600 10 10 8 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 Curve C Based on the preceding information, which of the following statements are true? Check all that apply. The current yield for Smith, LLC's bonds is greater than 9%. Smith, LLC's bonds have the highest expected total return The current yield for Smith, LLC's bonds is between 0% and 9% Irwin Corporation's bonds are selling at par 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 Curve c Based on the preceding information, which of the following statements are true? Check all that apply. The current yield for Smith, LLC's bonds is greater than 9%. Smith, LLC's bonds have the highest expected total return. The current yield for Smith, LLC's bonds is between 0% and 9%. Irwin Corporation's bonds are selling at par. If a bond is selling for a price much lower than its par value, it is most likely that the bond is bond