Roenfeld Corp believes the following probability distribution exists for its stock. Probability Stock's State of of State Expected the Economy Occurring Return Boom 0.35 20% Normal 0.50 15% Recession 0.15 - 10% What is the expected return on this stock? O 13.0% O 14.5% O 16.5% O 21.0% Which of the following statements is true? If interest rates rise, bond prices will rise. O A benefit of a callable bond is the issuer may replace it with a bond that has a higher coupon rate. O If market interest rates rise, a 10-year bond will fall in value more than a 1-year bond; all else equal. O For a given change in market interest rates, the prices of higher-coupon bonds change more than the prices of lower-coupon bonds