Please answer question 10

You are considering three different bonds for your portfolio. Each bond has a 10 year maturity and a yield to maturity of 10%. Bond x has an 12% annual coupon. Bond Y has a 10% annual coupon, and Bond Z has a 8% annual coupon. Which of the following statements is CORRECT? a. Bond X has the greatest reinvestment rate risk. b. If market interest rates decline, all of the bonds will have an increases in price, and Bond X will have the largest percentage increase in price. c. If market interest rates remain at 10%. Bond Z's price will increase, Bond x's price will decline, and Bond Y's price will remain the same. e. If the bond's market interest rates remain at 10%, Bond X's price will be lower one year from now than it is