Assignment 07-Bonds and Their Valuation A bond investor is analyzing the following annual coupon bonds: Issuing Company Smith Enterprises Irwin Incorporated Johnson Metalworks Annual Coupon Rate 12% Each bond has 10 years until maturity and has the same risk. Their yield to maturity (YTM) is g%. Interest rates are essumed 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 YALUE IS 900 700 600 10 8 PEARS TO MATURITY A-Z Based on the preceding information, which of the following statements are true? Check all that apply Johnson's bonds are selling at par The current yield for Irwin's bonds is greater than 9%. Irwin's bonds have the highest expected total retun The current yield for Irwin's bonds is between 0% and 9% AM 5:03 3/27/2019