Question 9 1 pts Which of the following statements is most correct? o Relative to short-term bonds, long-term bonds have less interest rate risk but more reinvestment rate risk o One advantage of zero coupon bonds is that you don't have to pay any taxes until you sell the bond or it matures. el Relative to coupon-bearing bonds, zero coupon bonds have more interest rate risk but less reinvestment rate 1 risk Relative to short-term bonds, long-term bonds have more interest rate risk and more reinvestment risk If interest rates increase, all bond prices will increase, but the increase will be greatest for bonds that have less interest rate risk