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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

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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. Identify the curves on the following graph to indicate the path that each bond's price, or value, is expected to follow. Based on the preceding information, which of the following statements are true? Check all that apply Irwin's bonds are a better investment than Smith's bonds. The expected capital gains yield for Smith's bonds is positive. All of the bonds will have the same value when they reach maturity. Johnson's bonds are a better investment than Irwin's bonds

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