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ent Question-cours- Each bond has 10 years until maturity and has the same risk. Their yield to maturty rT in s assumed to remain constant

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ent Question-cours- Each bond has 10 years until maturity and has the same risk. Their yield to maturty rT in s assumed to remain constant over the next 10 years. Label the curves on the foilowing graph to indicate the peth that each bond's price, or value, is expected to follow. rity and has the same risk. Their yield to maturity M i% Interest rates are BOND VALUE IS 1200 Johnson 1100 Smith 1000 900 Irwin 800 700 600 108 YEARS TO MATURITY Based on the preceding information, which of the following statements are true? Check all that apply. The expected capital gains yield for Johnson's bonds is negative. The expected capital gains yield for Johnson's bonds is greater than 12%. The bonds have the same expected total return. Irwin's bonds have the highest expected total return

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