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Question 12 1 pts Which of the following statement is correct? a There is a positive relation between changes in the level of interest rates

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Question 12 1 pts Which of the following statement is correct? a There is a positive relation between changes in the level of interest rates and changes in the price of a bond. All other things being equal, a given change in the interest rates will have a greater impact on the price of a low-coupon bond than a higher-coupon bond with the same maturity. Whenever a bond's coupon rate is greater than the market rate of interest on similar bonds (the bond's yield), the bond will sell at par value, and we call such bonds par value bonds. Investors buying callable bonds require the lower yields because call provisions work to the benefit of the bond investors and the detriment of the bond issuers. All the answers are correct

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