Question 11 11. Which of the following is (are) true? O a. If you expect interest rates to decrease you would prefer short term bonds over long term bonds. b. The interest on municipal bonds is subject to state, but not federal tax. O c. If a bond's coupon interest rate is higher than the required return, the bond will sell at a discount. O d. If the required return on a bond equals the coupon interest rate, the bond will sell at par. O e. both a and care true